TMI Blog2021 (10) TMI 464X X X X Extracts X X X X X X X X Extracts X X X X ..... y one day notice to respond and why notwithstanding the extension of time by a press release dated 24 th April 2021 issued by CBDT extending the time to 30th June 2021, was he in a tearing hurry to pass the assessment order. This assessment order has to be set aside. We hereby set aside the order. Consequential demand notice and penalty notice are also set aside. The matter is remanded for fre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as per draft assessment order. This show cause notice has been digitally signed at 5.20 p.m. Petitioner was called upon to respond by 23.59 hours of 24th April 2021. On 25 th April 2021 the assessment order came to be passed notwithstanding a press release issued by CBDT on 24th April 2021 extending upto 30 th June 2021 the time limit for passing of any order for assessment or re-assessment unde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e and penalty notice are also set aside. 5. The matter is remanded for fresh consideration. Petitioner shall file a reply within two weeks after receiving a communication from the assessing officer. The matter shall not be referred to the same officer who passed the impugned order. The assessing officer shall, within four weeks of receiving the reply, pass the fresh assessment order after givin ..... X X X X Extracts X X X X X X X X Extracts X X X X
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