HC set aside Assessment order passed prior to elapse of time granted to respond to SCN

Ekambaram Sukumaran Vs ITO (Madras High Court) The Honourable High Court has set aside the impugned assessment order for de-novo completion, holding it to be in breach of the principle of natural justice as the order was made prior to the elapse of time granted to respond to show cause notice (SCN), the impugned order of assessment has come to be passed on the same day. The impugned order is thus set aside. The petitioner will file its response to show cause notice within a period of two weeks from today and the assessment shall be completed de novo within a period of six (6) weeks from today,...