https://www.taxtmi.com/caselaws?id=310269 The Court set aside the premature order made under the Income-tax Act, 1961, directing the respondent to redo the assessment process after considering the petitioner's reply. The request for information and material relied upon by the Revenue was deemed unnecessary as it was already addressed in the petitioner's reply. The Court emphasized the need to consider specific case facts when applying legal precedents, ultimately finding the cited judgments by the petitioner not directly applicable. The impugned order and notice were annulled, with instructions for a fresh assessment process to be completed within a specified timeline, and no costs were awarded. en-us Tue, 20 Dec 2022 00:00:00 +0530 Sun, 15 Oct 2023 15:33:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310269 The Court set aside the premature order made under the Income-tax Act, 1961, directing the respondent to redo the assessment process after considering the petitioner's reply. The request for information and material relied upon by the Revenue was deemed unnecessary as it was already addressed in the petitioner's reply. The Court emphasized the need to consider specific case facts when applying legal precedents, ultimately finding the cited judgments by the petitioner not directly applicable. The impugned order and notice were annulled, with instructions for a fresh assessment process to be completed within a specified timeline, and no costs were awarded. Case-Laws Income Tax Tue, 20 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310269