Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2022 (5) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (5) TMI 284 - HC - Income TaxReopening of assessment u/s 147 - notice in the name of company amalagamated - denial of adequate opportunity to file response to the said show cause notice-cum-draft assessment orders - HELD THAT:- Having heard learned counsel for the parties, this Court is of the view that even if the submission of learned counsel for the Respondents is accepted, then also the impugned assessment orders are liable to be set aside as the Petitioner was not given adequate opportunity to file response to the said show cause notice-cum-draft assessment orders. Consequently, as there has been a violation of principle of natural justice, the impugned assessment orders as well as demand and penalty notices dated 31st March, 2022 are set aside and the matter is remanded back to the Assessing Officer for fresh adjudication. The petitioner shall file its response to the show cause notices dated 30th March, 2022 within two weeks.
|