Assessment Without SCN on Proposed Additions Violates Natural Justice: Gujarat HC

Advertisement Inox Wind Energy Limited Vs ACIT (Gujarat High Court) The petitioner challenged an assessment order dated 29 December 2022 passed under section 143(3) of the Income-tax Act, 1961 for Assessment Year 2021-22, seeking its quashing under Articles 226 and 227 of the Constitution of India. The petitioner had filed its return declaring nil income after adjusting brought-forward losses. The case was initially selected for scrutiny under the Faceless Assessment Scheme, during which multiple notices under sections 142(1) and 143(2) were issued and replies were furnished. Subsequently, ...