Jennyfar Lalzarliani Hrahsel Vs Union of India (Gauhati High Court)
The Hon’ble Guwahati High Court at Aizawl Bench in Jennyfar Lalzarliani Hrahsel v. Union of India and others stayed the assessment dated 19.03.2024 for making payment of Rs. 28,05,63,777/-, the impugned orders dated 19.03.2024 and the order dated 30.12.2024 till the next returnable date.
The Petitioner challenged the Assessment Order dated 19.03.2024, the amount computed by the respondent authorities as per the computation sheet dated 19.03.2024 amounting to Rs. 28,05,63,777/-, the notice for penalty under Section 274 read with Section 271 AAC (1) of the Income Tax Act, 1961 (the Act), the recovery notice dated 20.05.2024 and 20.09.2024 and also the order passed by the Principal Commissioner of Income Tax under Section 264 of the Act dated 30.12.2024 . The respondent authorities upon noticing large number of deposits being made in the petitioners bank account had initiated the impugned process despite the petitioner having explained that the deposits made in her bank account is from the earnings she has made from her business and that she is exempted under Section 10 (26) of the Act.
The petitioner was represented by Advocates Mr. Vinay Kumar Shraff and for the State Ms. Caroline K. Lungawipuii and for Central Government Ms. Zairemsangpuii.
