Faceless Assessment: Seven-Day Minimum Mandatory for SCN Compliance

Sri Gopal Store Vs AO (Orissa High Court) In the recent case of Sri Gopal Store vs AO, the Orissa High Court established a vital precedent for faceless assessment proceedings under the Income Tax Act, 1961. The court ruled that the assessee should be provided a minimum of seven days to comply with a show cause notice (SCN), following guidelines from the Central Board Direct Taxes (CBDT). Analysis: In this case, Sri Gopal Store, the petitioner, was issued a show cause notice on 12th December, 2022, requiring a response by 16th December, 2022. The petitioner argued that this did not adhere to CB...