HC quashes assessment order passed without issuing SCN & draft assessment order

Haldia Steels Pvt. Ltd. Vs. Union of India (Calcutta High Court) In this matter the petitioner has challenged the impugned assessment order dated 28th September, 2021, under section 147 read with section 144B of the Income Tax Act on the ground of violation of principle of natural justice by not serving copy of the draft assessment and revised draft assessment in question before passing the final impugned assessment order. Learned advocate appearing on behalf of the respondent/Assessing Officer concerned submits that no records are maintained in the office regarding service of any show-cause n...