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2023 (3) TMI 1246 - MADRAS HIGH COURTShow cause notice issued under Block Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 - penalty proceeding initiated - non disclosure of investments - petitioner submit that he did not have any personal knowledge about the alleged investments and was ignorant of the bank account details and amounts could have been made by his late father and that he was taking steps to contact his father's chartered accountant - petitioner submit that if the Court is inclined to direct the petitioner to appear to answer the show cause notices, then the payment of the penalty may be deferred till the disposal of the appeal. HELD THAT:- As considering the fact that the petitioner has responded in great detail to the impugned notices, the interest of justice would be subserved if the Writ Petition is disposed of with the following directions:- i) The petitioner shall appear before the respondent concerned on 27.03.2023 at 10.30 am., and make his submissions. ii) The respondents shall thereafter pass appropriate orders on the same. Till such time the orders are pronounced, no coercive steps shall be initiated by the respondents. Writ Petition is disposed of.
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