https://www.taxtmi.com/caselaws?id=414213 An order under section 201 must rest on a show cause notice that fairly discloses the proposed basis of liability and must deal with the assessee's material replies. Here, the authority did not consider two material replies, including the petitioner's comprehensive response, and relied on a dependency-based theory that had not been put to the petitioner in the notice. The Bombay High Court quashed the order and consequential demand notice, remanding the matter for fresh decision after hearing the petitioner, and held that any further point must be raised through a fresh show cause notice. en-us Mon, 25 Oct 2021 00:00:00 +0530 Sat, 30 Oct 2021 15:49:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414213 An order under section 201 must rest on a show cause notice that fairly discloses the proposed basis of liability and must deal with the assessee's material replies. Here, the authority did not consider two material replies, including the petitioner's comprehensive response, and relied on a dependency-based theory that had not been put to the petitioner in the notice. The Bombay High Court quashed the order and consequential demand notice, remanding the matter for fresh decision after hearing the petitioner, and held that any further point must be raised through a fresh show cause notice. Case-Laws Income Tax Mon, 25 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414213