Notice issued by DRIE during Pendency of Blocking of Credit Proceedings has No Impact on it: Calcutta HC allows Time to File Objection against Notice

The Calcutta High Court ruled that a notice issued by the Directorate of Revenue Intelligence (DRI) during the pendency of credit blocking proceedings has no immediate impact, allowing the taxpayer additional time to file objections. This decision underscores the importance of due process and the right to be heard before adverse actions are taken, particularly in complex tax proceedings involving the blocking of credits.