https://www.taxtmi.com/caselaws?id=407588 The court granted a stay on the operation of the assessment order, notice of demand, and penalty proceedings initiation notice due to prima facie breach of natural justice in the assessment process under the Income Tax Act. The petitioner's grievance about the premature assessment order led to the court scheduling the next hearing to allow the respondent to provide instructions and potentially contest the petition. The stay order aimed to prevent adverse consequences to the petitioner until further examination and resolution of the procedural irregularities. en-us Mon, 10 May 2021 00:00:00 +0530 Fri, 14 May 2021 08:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407588 The court granted a stay on the operation of the assessment order, notice of demand, and penalty proceedings initiation notice due to prima facie breach of natural justice in the assessment process under the Income Tax Act. The petitioner's grievance about the premature assessment order led to the court scheduling the next hearing to allow the respondent to provide instructions and potentially contest the petition. The stay order aimed to prevent adverse consequences to the petitioner until further examination and resolution of the procedural irregularities. Case-Laws Income Tax Mon, 10 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407588