https://www.taxtmi.com/caselaws?id=767150 The Bombay HC allowed the petition challenging an assessment order under Section 144B of the IT Act. The court held that the revenue authorities violated mandatory provisions of Section 144B read with Section 147, rendering the assessment without jurisdiction and null in law. The court emphasized that foundational principles of audi alteram partem and natural justice are paramount in tax proceedings, and assessees must be given reasonable opportunity for representation. Since the impugned order was legally unsustainable due to violation of natural justice principles, the demand notice was also set aside. en-us Fri, 07 Mar 2025 00:00:00 +0530 Tue, 05 May 2026 18:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767150 The Bombay HC allowed the petition challenging an assessment order under Section 144B of the IT Act. The court held that the revenue authorities violated mandatory provisions of Section 144B read with Section 147, rendering the assessment without jurisdiction and null in law. The court emphasized that foundational principles of audi alteram partem and natural justice are paramount in tax proceedings, and assessees must be given reasonable opportunity for representation. Since the impugned order was legally unsustainable due to violation of natural justice principles, the demand notice was also set aside. Case-Laws Income Tax Fri, 07 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767150