https://www.taxtmi.com/caselaws?id=759490 The HC set aside the assessment order, imposing a cost of Rs.40,000 payable to the Adyar Cancer Institute within fifteen days. The petitioner was allowed to respond to the show cause notice within this period, with access to the portal for submission. Upon payment and response, tax authorities must provide a fair opportunity for a fresh assessment order within three months, nullifying the penalty order. The writ petitions were disposed of without costs, and related miscellaneous petitions were closed. en-us Wed, 10 Jul 2024 00:00:00 +0530 Thu, 03 Oct 2024 07:50:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759490 The HC set aside the assessment order, imposing a cost of Rs.40,000 payable to the Adyar Cancer Institute within fifteen days. The petitioner was allowed to respond to the show cause notice within this period, with access to the portal for submission. Upon payment and response, tax authorities must provide a fair opportunity for a fresh assessment order within three months, nullifying the penalty order. The writ petitions were disposed of without costs, and related miscellaneous petitions were closed. Case-Laws Income Tax Wed, 10 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759490