https://www.taxtmi.com/caselaws?id=465692 Whether income was liable to be taxed at the maximum marginal rate as an AOP, instead of at normal individual rates, was determined to have been decided by the CPC/AO without considering all relevant material, as the assessee failed to comply with notices due to an asserted misunderstanding. Applying principles of natural justice, the Tribunal held that the assessee should be afforded one further effective opportunity to place material and submissions on record. Consequently, the assessment order was set aside and the matter was remitted to the AO for fresh adjudication on merits after granting due hearing; the appeal was allowed for statistical purposes. en-us Fri, 24 Jan 2025 00:00:00 +0530 Mon, 05 Jan 2026 18:39:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465692 Whether income was liable to be taxed at the maximum marginal rate as an AOP, instead of at normal individual rates, was determined to have been decided by the CPC/AO without considering all relevant material, as the assessee failed to comply with notices due to an asserted misunderstanding. Applying principles of natural justice, the Tribunal held that the assessee should be afforded one further effective opportunity to place material and submissions on record. Consequently, the assessment order was set aside and the matter was remitted to the AO for fresh adjudication on merits after granting due hearing; the appeal was allowed for statistical purposes. Case-Laws Income Tax Fri, 24 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465692