https://www.taxtmi.com/caselaws?id=767997 The Court invalidated the penalty order dated 24th October 2019 and the affirmation by the Income Tax Appellate Tribunal due to a breach of natural justice principles. The penalty order was issued on the same day as the show-cause notice, which set a future date for appearance, violating the appellant's right to a fair hearing. Consequently, the Court set aside both orders and remanded the matter to the Assessing Authority for reconsideration, ensuring the appellant has a reasonable opportunity for a hearing. All parties' contentions remain open for future consideration. en-us Wed, 05 Feb 2025 00:00:00 +0530 Fri, 28 Mar 2025 08:31:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767997 The Court invalidated the penalty order dated 24th October 2019 and the affirmation by the Income Tax Appellate Tribunal due to a breach of natural justice principles. The penalty order was issued on the same day as the show-cause notice, which set a future date for appearance, violating the appellant's right to a fair hearing. Consequently, the Court set aside both orders and remanded the matter to the Assessing Authority for reconsideration, ensuring the appellant has a reasonable opportunity for a hearing. All parties' contentions remain open for future consideration. Case-Laws Income Tax Wed, 05 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767997