https://www.taxtmi.com/caselaws?id=464385 ITAT Hyderabad (AT) held the reassessment invalid and quashed it, finding the AO failed to follow the procedure mandated by SC precedent: the noticee filed a return in response to s.148 and sought reasons, but the AO furnished reasons only one day before completion of assessment, denying opportunity to object and obtain a speaking order. The AO also recorded a factual error (treating a processed return as not filed), evidencing lack of care and prejudice to the assessee. For these breaches of natural justice and statutory practice the assessment order was held unsustainable and the appeal allowed. en-us Fri, 29 Dec 2023 00:00:00 +0530 Mon, 27 Oct 2025 20:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464385 ITAT Hyderabad (AT) held the reassessment invalid and quashed it, finding the AO failed to follow the procedure mandated by SC precedent: the noticee filed a return in response to s.148 and sought reasons, but the AO furnished reasons only one day before completion of assessment, denying opportunity to object and obtain a speaking order. The AO also recorded a factual error (treating a processed return as not filed), evidencing lack of care and prejudice to the assessee. For these breaches of natural justice and statutory practice the assessment order was held unsustainable and the appeal allowed. Case-Laws Income Tax Fri, 29 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464385