https://www.taxtmi.com/caselaws?id=373681 The Appellate Tribunal found merit in the Assessee's argument regarding the violation of natural justice principles in the order passed under sections 201(1)/201(1A) of the Income Tax Act. The Tribunal directed the Assessing Officer to issue a fresh order after affording the Assessee a reasonable opportunity to be heard, setting aside the Commissioner of Income Tax (Appeals) order. Regarding the imposition of interest under section 201(1A) of the Act, the Tribunal partly allowed the Assessee's appeal, emphasizing the need for further clarification on the interest imposition issue. The judgment underscored the importance of procedural fairness and accurate application of legal provisions in tax assessments. en-us Tue, 15 Jan 2019 00:00:00 +0530 Fri, 18 Jan 2019 08:10:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373681 The Appellate Tribunal found merit in the Assessee's argument regarding the violation of natural justice principles in the order passed under sections 201(1)/201(1A) of the Income Tax Act. The Tribunal directed the Assessing Officer to issue a fresh order after affording the Assessee a reasonable opportunity to be heard, setting aside the Commissioner of Income Tax (Appeals) order. Regarding the imposition of interest under section 201(1A) of the Act, the Tribunal partly allowed the Assessee's appeal, emphasizing the need for further clarification on the interest imposition issue. The judgment underscored the importance of procedural fairness and accurate application of legal provisions in tax assessments. Case-Laws Income Tax Tue, 15 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373681