https://www.taxtmi.com/caselaws?id=417500 The court annulled the assessment order and demand notices issued under the Income Tax Act, 1961 for the assessment year 2018-19, due to a breach of natural justice principles in the assessment proceedings involving a limited liability partnership [LLP] firm engaged in real estate business. The court emphasized the importance of upholding natural justice, setting aside the assessment order and directing the Assessing Officer to reconsider the case with the petitioner given four weeks to provide additional replies and documents. Fair procedures and reasonable opportunities for taxpayers to respond were highlighted for a just assessment process. en-us Mon, 13 Dec 2021 00:00:00 +0530 Tue, 25 Jan 2022 08:44:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417500 The court annulled the assessment order and demand notices issued under the Income Tax Act, 1961 for the assessment year 2018-19, due to a breach of natural justice principles in the assessment proceedings involving a limited liability partnership [LLP] firm engaged in real estate business. The court emphasized the importance of upholding natural justice, setting aside the assessment order and directing the Assessing Officer to reconsider the case with the petitioner given four weeks to provide additional replies and documents. Fair procedures and reasonable opportunities for taxpayers to respond were highlighted for a just assessment process. Case-Laws Income Tax Mon, 13 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417500