https://www.taxtmi.com/caselaws?id=433123 The Court quashed the assessment order under the Income Tax Act for the assessment year 2020-2021 due to the failure to provide the petitioner, a private limited company in real estate, with the opportunity for a personal hearing as requested. The Court found this omission violated principles of natural justice. The assessment order, demand notice, and penalty notice were annulled, and the assessment proceedings were directed to be restored to allow the petitioner a personal hearing. The Court emphasized that its decision was based solely on the breach of natural justice principles, without delving into the case's merits. en-us Thu, 22 Dec 2022 00:00:00 +0530 Sat, 21 Jan 2023 08:51:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433123 The Court quashed the assessment order under the Income Tax Act for the assessment year 2020-2021 due to the failure to provide the petitioner, a private limited company in real estate, with the opportunity for a personal hearing as requested. The Court found this omission violated principles of natural justice. The assessment order, demand notice, and penalty notice were annulled, and the assessment proceedings were directed to be restored to allow the petitioner a personal hearing. The Court emphasized that its decision was based solely on the breach of natural justice principles, without delving into the case's merits. Case-Laws Income Tax Thu, 22 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433123