Order u/s. 148A(d) Without Opportunity of Hearing is Unlawful

Asamannoor  Service Co-Operative Bank Ltd Vs ITO (Kerala High Court) Kerala High Court held that order passed under section 148A(d) of the Income Tax Act without granting an opportunity of being heard as required u/s. 148A(b) makes the order unsustainable in law and hence is liable to be set aside. Facts- The petitioner is a Co-operative society who provides credit facilities to its members and receive deposits from them. According to the petitioner, for the assessment year 2019-20, they did not have any taxable income under the Income Tax Act and they did not file return for the said assessm...