https://www.taxtmi.com/caselaws?id=438255 The Tribunal allowed the appeal filed by the cooperative housing society against the adhoc disallowance and rectification made under sections 143(1) and 154. The order of the Commissioner of Income-tax (Appeals) was set aside, emphasizing the principles of natural justice, adequacy of opportunity of hearing, and the necessity of passing a speaking order on merits. The Tribunal remitted the disputed issues for fresh adjudication, highlighting the importance of fair proceedings and compliance with legal principles to ensure a just decision in tax matters. en-us Wed, 24 May 2023 00:00:00 +0530 Fri, 26 May 2023 08:26:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438255 The Tribunal allowed the appeal filed by the cooperative housing society against the adhoc disallowance and rectification made under sections 143(1) and 154. The order of the Commissioner of Income-tax (Appeals) was set aside, emphasizing the principles of natural justice, adequacy of opportunity of hearing, and the necessity of passing a speaking order on merits. The Tribunal remitted the disputed issues for fresh adjudication, highlighting the importance of fair proceedings and compliance with legal principles to ensure a just decision in tax matters. Case-Laws Income Tax Wed, 24 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438255