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2022 (8) TMI 913 - HC - Income TaxValidity of order passed u/s.144 r/w 144B - non granting petitioner an opportunity of personal hearing and without considering the legal effect of petitioner having emerged out of corporate insolvency resolution process under the provisions of the Insolvency and Bankruptcy Code - HELD THAT:- In respect of notices issued to petitioner under section 148 of the Act for A.Y. 2013-14 to A.Y. 2017-2018, the AO shall deal with the objections dated 10th December, 2021 of petitioner before proceeding with the assessment proceedings. AO shall give petitioner an opportunity of personal hearing before passing the order disposing off the objections. Notice for personal hearing shall be given to petitioner at least seven working days in advance before passing such order. A list of judgments, if any, sought to be relied on by the Assessing Officer shall be given to petitioner along with the notice of the personal hearing. In the event the Assessing Officer decides to reject the objections of petitioner, assessment proceedings shall be commenced not before four weeks after serving the order disposing off the objections on petitioner. The orders that may be passed by the Assessing Officer as above shall be speaking orders dealing with each and every submission/ contention/objection of petitioner. The same shall be done within a period of six weeks from the date of uploading of this Order. Petitioner is at liberty to file further submissions/objections, if any, before respondents.
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