https://www.taxtmi.com/caselaws?id=459212 The court quashed and set aside the assessment order under Section 147 of the Income Tax Act, 1961, due to the lack of notice issuance to the petitioner. The matter was remanded for fresh consideration, instructing the petitioner to respond to the notice under Section 142(1) within two weeks. The Assessing Officer was directed to provide a personal hearing with notice given at least five working days in advance, and to issue further orders by a specified date. Consequently, the demand notice under Section 156 and penalty show cause notices under Sections 271 and 271F were also quashed. The petition was disposed of without any observations on the case's merits. en-us Tue, 31 Oct 2023 00:00:00 +0530 Thu, 05 Dec 2024 08:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459212 The court quashed and set aside the assessment order under Section 147 of the Income Tax Act, 1961, due to the lack of notice issuance to the petitioner. The matter was remanded for fresh consideration, instructing the petitioner to respond to the notice under Section 142(1) within two weeks. The Assessing Officer was directed to provide a personal hearing with notice given at least five working days in advance, and to issue further orders by a specified date. Consequently, the demand notice under Section 156 and penalty show cause notices under Sections 271 and 271F were also quashed. The petition was disposed of without any observations on the case's merits. Case-Laws Income Tax Tue, 31 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459212