Fair Opportunity Must Be Granted, Even When Assessee Misleads: HC

Jitendra Kumar Vs Central Board of Direct Taxes (Madras High Court) Introduction: The case of Jitendra Kumar vs. Central Board of Direct Taxes, heard by the Madras High Court, revolves around an assessment order and a notice issued under Section 148 of the Income Tax Act, 1961. The petitioner challenged these actions, emphasizing the need for fair opportunities and adherence to principles of natural justice. Background: Assessment Completion: The assessment in question was originally completed on 30.12.2019 under Section 143(3) of the Income Tax Act, 1961. Show Cause Notice: A survey conducte...