In dismissing writ of TELCO CO-OPERATIVE SOCIETY LTD. in (2024] 471 ITR 285 (Jhar)it is held desirable under the law by the High Court of Jharkhand that before approaching the High Court the taxpayer must make due statutory compliances and avail all statutory remedies and come clean before it. In this case the assessee avoided them all when : 1. It did not comply with notice under section 148, notice under section 142(1) in the reassessment proceedings or with the show-cause notice proposing the claim of deduction under section 80P in the absence of compliance under the provisions of the Jharkhand Co-operative Societies Act, etc. 2. It did not prefer an appeal upon passing of reassessment orders. All in all the Assessee approached the Court after 4 months of passing of reassessment/penalty orders without making due statutory compliance during or after reassessment and without availing statutory remedy to appeal against relevant orders.
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