https://www.taxtmi.com/caselaws?id=774760 The Karnataka HC quashed an ex-parte assessment order passed under Section 147. The petitioner argued they couldn't reply to the Section 148A(b) notice as they had stopped business operations. While the HC rejected the petitioner's contention about not commencing business and not activating their PAN, it extended indulgence in the interest of justice. The matter was remanded to the first respondent for fresh consideration from the Section 148A(b) stage, allowing the petitioner opportunity to respond to the notice. en-us Wed, 02 Jul 2025 00:00:00 +0530 Mon, 14 Jul 2025 08:36:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774760 The Karnataka HC quashed an ex-parte assessment order passed under Section 147. The petitioner argued they couldn't reply to the Section 148A(b) notice as they had stopped business operations. While the HC rejected the petitioner's contention about not commencing business and not activating their PAN, it extended indulgence in the interest of justice. The matter was remanded to the first respondent for fresh consideration from the Section 148A(b) stage, allowing the petitioner opportunity to respond to the notice. Case-Laws Income Tax Wed, 02 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774760