https://www.taxtmi.com/caselaws?id=773442 The Calcutta HC set aside a notice issued under Section 148 for reopening assessment and the subsequent order. The court held that while Section 148A provides procedural safeguards including opportunity to respond, such opportunity must be meaningful, not a mere formality. The assessing officer improperly rejected the petitioner's response without providing adequate reasons or discrediting the audited accounts. Following precedents requiring effective hearing opportunities, the court found violation of natural justice principles. The matter was remanded to the assessing officer for fresh consideration on merits. en-us Thu, 12 Jun 2025 00:00:00 +0530 Mon, 23 Jun 2025 08:42:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773442 The Calcutta HC set aside a notice issued under Section 148 for reopening assessment and the subsequent order. The court held that while Section 148A provides procedural safeguards including opportunity to respond, such opportunity must be meaningful, not a mere formality. The assessing officer improperly rejected the petitioner's response without providing adequate reasons or discrediting the audited accounts. Following precedents requiring effective hearing opportunities, the court found violation of natural justice principles. The matter was remanded to the assessing officer for fresh consideration on merits. Case-Laws Income Tax Thu, 12 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773442