Discretionary Power cannot be Exercised to Halt Income Tax Assessments involving Huge Undisclosed Income: Bombay HC refuses to Entertain plea

The Bombay High Court has refused to entertain a plea seeking to halt income tax assessments involving huge undisclosed income, stating that discretionary power cannot be exercised to impede such assessments. The court emphasized the importance of allowing tax authorities to investigate potential tax evasion. This ruling underscores the judiciary's support for tax enforcement. This ruling shows the courts stance on tax evasion.