https://www.taxtmi.com/caselaws?id=389986 The High Court found the assessment order invalid under Section 144 of the Income Tax Act as the petitioner was not given a reasonable opportunity to explain discrepancies. The court emphasized the necessity of a show cause notice and directed the respondent to treat the order as such. The court intervened due to procedural lapses, stressing the importance of fairness in tax assessments. The decision to set aside the order and mandate a re-assessment process underscored the significance of due process and providing a fair hearing to taxpayers. en-us Tue, 03 Dec 2019 00:00:00 +0530 Sat, 21 Dec 2019 14:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389986 The High Court found the assessment order invalid under Section 144 of the Income Tax Act as the petitioner was not given a reasonable opportunity to explain discrepancies. The court emphasized the necessity of a show cause notice and directed the respondent to treat the order as such. The court intervened due to procedural lapses, stressing the importance of fairness in tax assessments. The decision to set aside the order and mandate a re-assessment process underscored the significance of due process and providing a fair hearing to taxpayers. Case-Laws Income Tax Tue, 03 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389986