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2021 (7) TMI 919 - HC - Income TaxFaceless Assessment u/s 144B - HELD THAT:- This Court is of the opinion that petitioner is correct in submitting that Section 144B of the Act had been violated and the assessment proceeding had been completed in the present case in violation of the principles of natural justice. This Court sets aside the impugned assessment order dated 06th April, 2021 as also the notice of demand issued u/s 156 and the notice for initiating the penalty proceedings u/s 274 read with Section 270A. The respondent/revenue will be at liberty to proceed with the assessment process, albeit, under the provisions of Section 144B. Needless to add, if a show cause notice-cum-draft assessment order is served on the petitioner, an opportunity would be given to the petitioner to file its response/objections to the same. Is a variation proposed in the income of the petitioner, an opportunity of personal hearing will also be accorded. In sum, the procedure prescribed u/s 144B will have to be followed by the respondent/revenue. Writ petition is disposed of in the aforesaid terms.
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