https://www.taxtmi.com/caselaws?id=422801 The Tribunal set aside the Commissioner (Appeals)'s order and remanded the issues to the Assessing Officer for redetermination with proper hearing opportunities granted to the appellant. The decision emphasized procedural fairness and thorough consideration of merits in tax assessment matters, particularly regarding invalidity of the AO's order, lack of natural justice, addition under Section 50C, denial of exemption under Section 54F, and the levy of interest and penalty. en-us Tue, 17 May 2022 00:00:00 +0530 Sat, 21 May 2022 18:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422801 The Tribunal set aside the Commissioner (Appeals)'s order and remanded the issues to the Assessing Officer for redetermination with proper hearing opportunities granted to the appellant. The decision emphasized procedural fairness and thorough consideration of merits in tax assessment matters, particularly regarding invalidity of the AO's order, lack of natural justice, addition under Section 50C, denial of exemption under Section 54F, and the levy of interest and penalty. Case-Laws Income Tax Tue, 17 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422801