https://www.taxtmi.com/caselaws?id=29516 The High Court ruled in favor of assessees R.L. Narang and M.L. Narang, holding that they were penalized under s. 140A(3) of the Income Tax Act without being afforded a reasonable opportunity to present their case. The Court found the service of notices to be invalid due to lack of proper documentation and failure to meet statutory requirements, emphasizing the importance of ensuring assessees are provided with a fair hearing and that legal procedures for notice service are strictly adhered to in order to uphold principles of natural justice. en-us Mon, 02 Feb 1981 00:00:00 +0530 Tue, 10 May 2016 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29516 The High Court ruled in favor of assessees R.L. Narang and M.L. Narang, holding that they were penalized under s. 140A(3) of the Income Tax Act without being afforded a reasonable opportunity to present their case. The Court found the service of notices to be invalid due to lack of proper documentation and failure to meet statutory requirements, emphasizing the importance of ensuring assessees are provided with a fair hearing and that legal procedures for notice service are strictly adhered to in order to uphold principles of natural justice. Case-Laws Income Tax Mon, 02 Feb 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29516