https://www.taxtmi.com/caselaws?id=442097 The court allowed the writ petition, setting aside the penalty and assessment orders under the Income Tax Act. The petitioner's compliance with office objections led to the restoration of the dismissed petition. The court found violations of natural justice principles, remanding the matter for reconsideration. The Authority was directed to provide a mandatory hearing, reconsider the contentions, and issue fresh orders, emphasizing compliance with legal requirements. The decision was influenced by the precedent set in a relevant case, emphasizing the necessity of incriminatory material for invoking Section 153C of the Act. en-us Thu, 27 Jul 2023 00:00:00 +0530 Wed, 23 Aug 2023 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442097 The court allowed the writ petition, setting aside the penalty and assessment orders under the Income Tax Act. The petitioner's compliance with office objections led to the restoration of the dismissed petition. The court found violations of natural justice principles, remanding the matter for reconsideration. The Authority was directed to provide a mandatory hearing, reconsider the contentions, and issue fresh orders, emphasizing compliance with legal requirements. The decision was influenced by the precedent set in a relevant case, emphasizing the necessity of incriminatory material for invoking Section 153C of the Act. Case-Laws Income Tax Thu, 27 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442097