https://www.taxtmi.com/caselaws?id=408927 The High Court held that while the Income Tax Act does not explicitly require a show cause notice before finalizing scrutiny assessments, it is a procedural necessity for the Assessing Authority to issue such notice, allow the assessee to respond, and then make decisions. The court treated the assessment orders as show cause notices, directing the petitioner to reply within six weeks and mandating the issuance of assessment orders within sixteen weeks after the petitioner's response. This decision emphasized the importance of natural justice principles and providing a fair opportunity for the assessee to present their case during assessment proceedings. en-us Thu, 17 Jun 2021 00:00:00 +0530 Fri, 24 Jun 2022 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408927 The High Court held that while the Income Tax Act does not explicitly require a show cause notice before finalizing scrutiny assessments, it is a procedural necessity for the Assessing Authority to issue such notice, allow the assessee to respond, and then make decisions. The court treated the assessment orders as show cause notices, directing the petitioner to reply within six weeks and mandating the issuance of assessment orders within sixteen weeks after the petitioner's response. This decision emphasized the importance of natural justice principles and providing a fair opportunity for the assessee to present their case during assessment proceedings. Case-Laws Income Tax Thu, 17 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408927