Statutory & extra-ordinary remedy cannot be pursued simultaneously: Calcutta HC

Prasanta Sarkar Vs Union of India & Ors (Calcutta High Court)

Calcutta High Court has dismissed a writ petition filed by Prasanta Sarkar, who challenged an assessment order dated September 22, 2022, issued under Section 143(3) read with Section 144B of the Income Tax Act, 1961, for the assessment year 2020-21. The petitioner had argued that the assessment was flawed because the Assessing Officer proceeded to finalize it despite a referral to the departmental valuation officer for fair market value assessment of 14 properties, and no report from the valuation of

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