https://www.taxtmi.com/caselaws?id=767467 The court quashed the show-cause notice dated 17th August 2023, issued by Respondent No. 1, due to its reliance on an interim forensic audit report (FAR) dated 9th August 2023, which was not final and potentially incomplete. The FAR was not set aside but remains open to challenge in future proceedings. The court permitted Respondent No. 1 to withdraw the notice and granted them the liberty to initiate fresh proceedings against the Petitioner, ensuring compliance with procedural fairness and legal standards. en-us Tue, 18 Feb 2025 00:00:00 +0530 Wed, 19 Mar 2025 06:45:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767467 The court quashed the show-cause notice dated 17th August 2023, issued by Respondent No. 1, due to its reliance on an interim forensic audit report (FAR) dated 9th August 2023, which was not final and potentially incomplete. The FAR was not set aside but remains open to challenge in future proceedings. The court permitted Respondent No. 1 to withdraw the notice and granted them the liberty to initiate fresh proceedings against the Petitioner, ensuring compliance with procedural fairness and legal standards. Case-Laws IBC Tue, 18 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767467