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2002 (9) TMI 21 - HC - Income TaxWrit petition has been preferred by the petitioner with a prayer that by an appropriate writ, order or direction the notice dated August 21, 2002 issued by respondent No.6 (the Assistant CIT) u/s 158BC, by which the petitioner was requested to prepare a true and correct return of his total income including the undisclosed income in respect of which he as individual is assessable for the block period mentioned in section 158B(a) and further respondent No. 5 (the Deputy Director (Investigation), Income-tax) and respondent No. 6 may be restrained from taking any proceedings under Chapter XIV-B against the petitioner till the question as to who exercises jurisdiction over the petitioner as Assessing Officer is decided by this court – Staying the operation of the show cause notice dated August 21,2002, passed by the Assistant Commissioner is not proper unless there is a case of grave injustice - Held that the operation of notice issued by the Assistant CIT is not liable to be stayed
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