https://www.taxtmi.com/caselaws?id=306778 The Tribunal remitted the case back to the Principal Commissioner of Income Tax (PCIT) for fresh adjudication as the appellant was not given a fair opportunity to be heard before the order under section 263 of the Income Tax Act was passed. Emphasizing the principle of natural justice, the Tribunal highlighted the importance of providing both parties with a chance to present their arguments. The decision did not address the merits of the issues raised, but stressed the necessity of affording the appellant a fair hearing. The appeal was allowed for statistical purposes, ensuring procedural fairness in the proceedings. en-us Tue, 24 Dec 2019 00:00:00 +0530 Fri, 24 Feb 2023 09:04:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306778 The Tribunal remitted the case back to the Principal Commissioner of Income Tax (PCIT) for fresh adjudication as the appellant was not given a fair opportunity to be heard before the order under section 263 of the Income Tax Act was passed. Emphasizing the principle of natural justice, the Tribunal highlighted the importance of providing both parties with a chance to present their arguments. The decision did not address the merits of the issues raised, but stressed the necessity of affording the appellant a fair hearing. The appeal was allowed for statistical purposes, ensuring procedural fairness in the proceedings. Case-Laws Income Tax Tue, 24 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306778