https://www.taxtmi.com/caselaws?id=220229 The court dismissed the challenge against the assessments under section 153 A read with section 144 of the Income Tax Act 1961 for a Trust and trustees. It held that the assessments were not in violation of natural justice principles as the petitioners had the opportunity to appeal under section 246A before the Commissioner of Income Tax (Appeals). The court directed the petitioners to file appeals within two weeks and granted a stay on further recovery proceedings related to the assessments. The respondents were instructed to withhold finalization of penalty proceedings until the appeal disposal. en-us Wed, 25 Jul 2012 00:00:00 +0530 Wed, 16 Jan 2013 06:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220229 The court dismissed the challenge against the assessments under section 153 A read with section 144 of the Income Tax Act 1961 for a Trust and trustees. It held that the assessments were not in violation of natural justice principles as the petitioners had the opportunity to appeal under section 246A before the Commissioner of Income Tax (Appeals). The court directed the petitioners to file appeals within two weeks and granted a stay on further recovery proceedings related to the assessments. The respondents were instructed to withhold finalization of penalty proceedings until the appeal disposal. Case-Laws Income Tax Wed, 25 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220229