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Income Tax - Highlights / Catch Notes

Home Highlights September 2022 Year 2022 This

Validity of order of assessment passed u/s 143(3) r.w.s 144B - ...


Court Questions Validity of Assessment Order u/ss 143(3) and 144B Due to Insufficient Response Time.

September 9, 2022

Case Laws     Income Tax     HC

Validity of order of assessment passed u/s 143(3) r.w.s 144B - Two working days were in effect available with the assessee to formulate and submit its structured reply to the show cause notice and the draft assessment order. It is in this view of the matter, that we have observed supra, that the assessee need not be compelled to prefer appeal as a ritualistic formality. - HC

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