https://www.taxtmi.com/caselaws?id=444817 HC set aside assessment order u/s 144B for procedural violations. Petitioner was given only 5 days (3 working days excluding Sunday) to file reply/objections, which was insufficient. Court held AO must provide minimum 21 days for response unless specific time limit prescribed, afford personal hearing opportunity, furnish relevant documents forming basis of show cause notice, and conduct full enquiry. Assessment orders must be detailed speaking orders addressing all queries/contentions with reasons for rejection. Cryptic orders without addressing assessee's contentions are fatal and cause revenue loss. Court emphasized AO's duty to safeguard both assessee and revenue interests through proper procedure. en-us Tue, 17 Oct 2023 00:00:00 +0530 Wed, 07 Feb 2024 15:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444817 HC set aside assessment order u/s 144B for procedural violations. Petitioner was given only 5 days (3 working days excluding Sunday) to file reply/objections, which was insufficient. Court held AO must provide minimum 21 days for response unless specific time limit prescribed, afford personal hearing opportunity, furnish relevant documents forming basis of show cause notice, and conduct full enquiry. Assessment orders must be detailed speaking orders addressing all queries/contentions with reasons for rejection. Cryptic orders without addressing assessee's contentions are fatal and cause revenue loss. Court emphasized AO's duty to safeguard both assessee and revenue interests through proper procedure. Case-Laws Income Tax Tue, 17 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444817