Tax Assessment Order Challenged: Lack of Show Cause Notice Violates Natural Justice and Faceless Assessment Scheme Procedures.

Tax Assessment Order Challenged: Lack of Show Cause Notice Violates Natural Justice and Faceless Assessment Scheme Procedures. https://www.taxtmi.com/highlights?id=59339 Validity of assessment order - imposition of penalty under Section 274 read with Section 271AAC(1) and penalty under Section 274 read with Section 270A of the Income Tax Act, 1961 - Since in the present case no prior show cause notice as well as draft assessment order have been issued, there is a violation of principles of natural justice as well as mandatory procedure prescribed under “Faceless Assessment Scheme”. - Matter restored back - HC en-us Mon, 23 Aug 2021 12:26:04 +0530 Mon, 23 Aug 2021 12:26:04 +0530 TaxTMI RSS Generator Tax Assessment Order Challenged: Lack of Show Cause Notice Violates Natural Justice and Faceless Assessment Scheme Procedures. https://www.taxtmi.com/highlights?id=59339 Validity of assessment order - imposition of penalty under Section 274 read with Section 271AAC(1) and penalty under Section 274 read with Section 270A of the Income Tax Act, 1961 - Since in the present case no prior show cause notice as well as draft assessment order have been issued, there is a violation of principles of natural justice as well as mandatory procedure prescribed under “Faceless Assessment Scheme”. - Matter restored back - HC Highlights Income Tax Mon, 23 Aug 2021 12:26:04 +0530 https://www.taxtmi.com/highlights?id=59339