https://www.taxtmi.com/caselaws?id=779070 ITAT (Jaipur) held that reopening under sections 147/148/148A was vitiated by denial of adequate opportunity to be heard, violating principles of natural justice; notices provided only short intervals and failed to constitute a fair hearing. The bench remanded the case to the AO for fresh verification of facts and for determination of taxability, including the question of capital gains under section 45(3) arising from transfer of partners' immovable property to the firm, after affording the assessee proper opportunity. Appeal allowed for statistical purposes. en-us Mon, 20 Jan 2025 00:00:00 +0530 Sat, 27 Sep 2025 08:34:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779070 ITAT (Jaipur) held that reopening under sections 147/148/148A was vitiated by denial of adequate opportunity to be heard, violating principles of natural justice; notices provided only short intervals and failed to constitute a fair hearing. The bench remanded the case to the AO for fresh verification of facts and for determination of taxability, including the question of capital gains under section 45(3) arising from transfer of partners' immovable property to the firm, after affording the assessee proper opportunity. Appeal allowed for statistical purposes. Case-Laws Income Tax Mon, 20 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779070