https://www.taxtmi.com/caselaws?id=754085 The HC quashed the Assessment Order and Demand Notice issued against the petitioner under Article 226 of the Constitution of India. The court found that the Assessing Officer failed to consider the petitioner's detailed reply before finalizing the order, which violated the provisions of the Income Tax Act. The matter was remanded to the Assessing Officer for a fresh assessment, ensuring the petitioner's reply is considered, and an opportunity for a hearing is provided if requested, to be completed within 12 weeks. The ruling favored the petitioner, emphasizing procedural fairness in tax assessments. en-us Tue, 30 Apr 2024 00:00:00 +0530 Mon, 17 Jun 2024 08:45:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754085 The HC quashed the Assessment Order and Demand Notice issued against the petitioner under Article 226 of the Constitution of India. The court found that the Assessing Officer failed to consider the petitioner's detailed reply before finalizing the order, which violated the provisions of the Income Tax Act. The matter was remanded to the Assessing Officer for a fresh assessment, ensuring the petitioner's reply is considered, and an opportunity for a hearing is provided if requested, to be completed within 12 weeks. The ruling favored the petitioner, emphasizing procedural fairness in tax assessments. Case-Laws Income Tax Tue, 30 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754085