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2022 (9) TMI 1323 - HC - Income TaxAssessment u/s 144B - violation of principles of natural justice - HELD THAT:- Assessment order u/s 143(3) r.w.s.144B of the Act as well as the notice u/s 274 read with Section 270A of the Act are hereby set aside. The assessment proceedings are remanded to the AO to be taken up afresh from the stage of the draft assessment order. The AO shall pass appropriate order after giving opportunity to the petitioner to file reply. The entire assessment proceedings culminating into the final assessment order shall be completed within twelve weeks from the date of receipt of this order. We make it clear that we have allowed the petition and quashed the order and notice, as mentioned above, only on the ground of breach of natural justice without going into much less expressing any opinion on the merits of the case of the either side.
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