Bombay High Court Quashes Income Tax Reassessment Order in Favour of Assessee for Violation of Natural Justice. Reassessment Order Passed Before Expiry of Reply Deadline and Without Considering Timely Response Violates Fair Hearing Under Section 148 of Income Tax Act, 1961.
21 Apr 2025The dispute arose from an income tax reassessment proceeding initiated against the petitioner, Sai Kiran Clearing Co. Pvt. Ltd., by the Income Tax Dep...
