TMI BlogCourt Quashes Tax Order, Allows 10% Deduction; Taxpayer Gets 3 Weeks to Respond, New Orders in 2 Months.Validity of Tax demand - Non consideration of reply submitted by the petitioner / assessee - The High Court found merit in the petitioner's contentions. It quashed the impugned orders and directed the respondent to appropriate 10% of the disputed tax demand from the petitioner's bank account. Additionally, the petitioner was granted three weeks to submit a reply to the show cause notice, and upon satisfaction of the payment and receipt of the reply, the Assessing Officer was directed to provide a reasonable opportunity for further proceedings and issue fresh orders within two months. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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