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2021 (11) TMI 1196 - HC - Income TaxIssues involved: Petition seeking quashing of Assessment order under Section 143 (3) r/w 144 and 147 of the Income Tax Act, 1961, and consequential Demand Notice for Assessment year 2011-12. The judgment addresses the petitioner's challenge against the Assessment order and Demand Notice issued by the respondent under the Income Tax Act. The court noted that despite the petitioner submitting detailed objections and documents, the respondent did not properly consider or appreciate them. The court found the assessment order to be unreasoned and nonspeaking, violating principles of natural justice. Consequently, the court allowed the petition, quashed the Assessment order and Demand Notice, and remitted the matter back to the respondent for reconsideration within three months. The court kept all rival contentions open and reserved liberty for the petitioner to submit additional objections and documents for consideration.
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