https://www.taxtmi.com/caselaws?id=360137 The High Court held that the arbitral tribunal could not uphold the commissioner's order under Section 263 of the Income Tax Act without addressing the appellant's challenge regarding lack of notice and hearing opportunity. The Court emphasized the appellant's right to a fair hearing, especially after informing authorities of the company's dissolution and takeover. It was deemed crucial that the appellant be served notices and informed of hearing dates, given the transfer of liabilities from the original entity to the subsequent one. The Court set aside the challenged order, directing the appellate tribunal to reconsider the issue while ensuring adherence to principles of natural justice. en-us Mon, 07 May 2018 00:00:00 +0530 Wed, 29 Aug 2018 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360137 The High Court held that the arbitral tribunal could not uphold the commissioner's order under Section 263 of the Income Tax Act without addressing the appellant's challenge regarding lack of notice and hearing opportunity. The Court emphasized the appellant's right to a fair hearing, especially after informing authorities of the company's dissolution and takeover. It was deemed crucial that the appellant be served notices and informed of hearing dates, given the transfer of liabilities from the original entity to the subsequent one. The Court set aside the challenged order, directing the appellate tribunal to reconsider the issue while ensuring adherence to principles of natural justice. Case-Laws Income Tax Mon, 07 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360137