https://www.taxtmi.com/caselaws?id=756475 The HC set aside the impugned order dated 29.12.2022 under Section 139(9) of the Income Tax Act for the assessment year 2021-22, citing it as non-speaking and unreasoned, thus violating principles of natural justice. The matter was remitted back to the respondent for reconsideration, with instructions to allow the petitioner an opportunity to present its case and determine whether the petitioner was engaged in a Business or a Profession. The Court emphasized the necessity for reasoned orders to ensure fairness and compliance with legal standards in income tax assessments. en-us Tue, 06 Feb 2024 00:00:00 +0530 Fri, 02 Aug 2024 22:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756475 The HC set aside the impugned order dated 29.12.2022 under Section 139(9) of the Income Tax Act for the assessment year 2021-22, citing it as non-speaking and unreasoned, thus violating principles of natural justice. The matter was remitted back to the respondent for reconsideration, with instructions to allow the petitioner an opportunity to present its case and determine whether the petitioner was engaged in a Business or a Profession. The Court emphasized the necessity for reasoned orders to ensure fairness and compliance with legal standards in income tax assessments. Case-Laws Income Tax Tue, 06 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756475