https://www.taxtmi.com/caselaws?id=419494 The High Court quashed the assessment order due to violations of natural justice principles, lack of proper application of mind, and insufficient verification of income sources under Section 68 of the Income Tax Act. Emphasizing the importance of a fair assessment process, the court directed a fresh assessment with an opportunity for an online hearing and further response submission. The ruling underscored the necessity for diligent assessments to reduce litigation and address all aspects raised by the assessee to avoid future disputes. en-us Mon, 24 Jan 2022 00:00:00 +0530 Mon, 10 Oct 2022 10:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419494 The High Court quashed the assessment order due to violations of natural justice principles, lack of proper application of mind, and insufficient verification of income sources under Section 68 of the Income Tax Act. Emphasizing the importance of a fair assessment process, the court directed a fresh assessment with an opportunity for an online hearing and further response submission. The ruling underscored the necessity for diligent assessments to reduce litigation and address all aspects raised by the assessee to avoid future disputes. Case-Laws Income Tax Mon, 24 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419494