SC sets aside Gujarat HC wherein notice u/s 153C was originally quashed

Assessee must exhaust alternate remedy before filing writ petition; Gujarat HC wrong to have entertained writ petition of assessee at initial stage of issuance of show cause notice; Sets aside Gujarat HC order quashing the show cause notices, directs assessee to file reply to notice; Assessee to exhaust all available remedies under Income Tax Act in case of adverse assessment order; Relies on apex court rulings in Bellary Steels & Alloys Ltd & Indo Asahi Glass Co. Ltd : SC in the case of Vijaybhai N Chandrani. The Gujarat HC decision is reported at 333 ITR 436.

Copy of Hon’ble SC decision SC sets aside Gujarat HC order.docx
Copy of Hon’ble Gujarat HC decision Vijaybhai-Gujarat HC

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