Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
HC invalidated the assessment order under Section 144B due to violation of natural justice principles. The assessment was conducted without proper verification of the ITBA portal and without granting the taxpayer an opportunity for hearing during the COVID-19 pandemic. The court quashed the existing order and remanded the matter back to the Assessment Unit with directions to conduct a fresh assessment, ensuring due process by providing a proper hearing to the petitioner in accordance with legal requirements.
HC invalidated the assessment order under Section 144B due to violation of natural justice principles. The assessment was conducted without proper verification of the ITBA portal and without granting the taxpayer an opportunity for hearing during the COVID-19 pandemic. The court quashed the existing order and remanded the matter back to the Assessment Unit with directions to conduct a fresh assessment, ensuring due process by providing a proper hearing to the petitioner in accordance with legal requirements.
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