Case Law Details
Gemini Film Circuit Vs Additional/Joint/Deputy/ACIT/ITO (Madras High Court)
Madras HC sets aside cryptic assessment order ignoring assessee’s contentions. Learn details about the case of Gemini Film Circuit and importance of adhering to principles of natural justice.
Madras High Court Sets Aside Assessment Order Due to Procedural Flaws
In a recent judgment, the Madras High Court has ruled in favor of a taxpayer, setting aside an assessment order issued by the Income Tax Department. The court’s decision was based on several procedural flaws in the assessment process, highlighting the importance of adhering to principles of natural justice and providing adequate opportunities to taxpayers.
Background of the Case: The case involved an assessment order dated September 20, 2021, issued by the Assessing Officer to the petitioner, Gemini Film Circuit. The petitioner, an assessee under the Income Tax Act, claimed that they were not afforded a fair opportunity to respond to a show cause notice.
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