Does anyone have any knowledge if there has been any writ petition against Rule 8D in any High Court?
Also please tell if any hearing is already over or at when is the hearing expected.
Bhavesh
Keep Smiling
I don.t think there is any writ petition against the Rule 8D. If one goes through the judgement of Daga Capital ,there are various contradictions in the judgment itself. Nowhere D.R has argued that Rule 8D is restropective in nature.Further when there was no rule 8D, what is the sancity of disallowance made by the Assessing Officer.