https://www.taxtmi.com/caselaws?id=769716 Legal Case Summary:The HC addressed reassessment proceedings under Income Tax Act, focusing on procedural compliance. The court held that the taxpayer cannot challenge reopening notice due to procedural defaults, particularly failure to file return within 30 days. The HC mandated the tax authority to provide complete reopening reasons, allow objection filing, and pass a speaking order. The reassessment proceedings were conditionally stayed, ensuring due process while maintaining the authority's right to reopen assessments with valid reasons of income escapement. en-us Mon, 28 Apr 2025 00:00:00 +0530 Wed, 30 Apr 2025 08:38:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769716 Legal Case Summary:The HC addressed reassessment proceedings under Income Tax Act, focusing on procedural compliance. The court held that the taxpayer cannot challenge reopening notice due to procedural defaults, particularly failure to file return within 30 days. The HC mandated the tax authority to provide complete reopening reasons, allow objection filing, and pass a speaking order. The reassessment proceedings were conditionally stayed, ensuring due process while maintaining the authority's right to reopen assessments with valid reasons of income escapement. Case-Laws Income Tax Mon, 28 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769716