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Court Stays Assessment Order Issued Prematurely, Citing Breach of Natural Justice; Affects Section 156 and 270A Notices.

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Full Text of the Document

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....Order passed before the time prescribed for filing the reply - Validity of assessment - violation of principles of natural justice - there shall be a stay on the operation of the impugned assessment order dated 22.04.2021, as well as the notice of demand issued under Section 156 and the notice initiating penalty proceedings under Section 270A of the Act. - HC....