https://www.taxtmi.com/caselaws?id=460150 The HC set aside the assessment order issued under Section 147 of the Income Tax Act, 1961, due to procedural lapses, including the failure to notify the petitioner directly and the lack of a personal hearing. Notices were mistakenly sent to a deceased representative, rendering the process unfair. The court emphasized the necessity of procedural fairness and remanded the case for reconsideration, ensuring the petitioner receives a personal hearing. The issue of capital gains tax calculation was not resolved, and the petitioner was advised to seek a refund of the deposited tax amount through the appropriate administrative channels. en-us Thu, 12 Oct 2023 00:00:00 +0530 Mon, 13 Jan 2025 10:45:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460150 The HC set aside the assessment order issued under Section 147 of the Income Tax Act, 1961, due to procedural lapses, including the failure to notify the petitioner directly and the lack of a personal hearing. Notices were mistakenly sent to a deceased representative, rendering the process unfair. The court emphasized the necessity of procedural fairness and remanded the case for reconsideration, ensuring the petitioner receives a personal hearing. The issue of capital gains tax calculation was not resolved, and the petitioner was advised to seek a refund of the deposited tax amount through the appropriate administrative channels. Case-Laws Income Tax Thu, 12 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460150