https://www.taxtmi.com/caselaws?id=71005 The SC/Tribunal set aside the CIT's order under section 263 due to procedural irregularities. The key issue was non-service of show-cause notice to the assessee, which violated principles of natural justice. The Tribunal remanded the matter to the CIT, directing a fresh hearing with reasonable opportunity for the assessee to present evidence regarding disputed deductions and income treatment. en-us Tue, 22 Apr 1997 00:00:00 +0530 Tue, 20 May 2025 08:46:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71005 The SC/Tribunal set aside the CIT's order under section 263 due to procedural irregularities. The key issue was non-service of show-cause notice to the assessee, which violated principles of natural justice. The Tribunal remanded the matter to the CIT, directing a fresh hearing with reasonable opportunity for the assessee to present evidence regarding disputed deductions and income treatment. Case-Laws Income Tax Tue, 22 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71005