Case Law Details
Voora Property Developers Private Limited Vs ACIT (Madras High Court)
In a recent judgment, the Madras High Court, in the case of Voora Property Developers Private Limited vs. ACIT, took a strong stance against the Assessment Order dated 08.09.2022 for the Assessment Year 2020-21.
The court outlined that on 12.08.2022, the respondent had issued a show cause notice to the petitioner concerning proposed variations in the ongoing assessment proceedings. The petitioner was granted an opportunity to respond by 11:00 hours on 24.08.2022, with an adjournment request made for an extension until 09.2022. Despite the response being submitted on 08.09.2022 at approximately 11:30 a.m., the Assessment Order was surprisingly issued on the same date at about 1:52 p.m.
The crucial point raised by the petitioner’s counsel was that the response provided by the assessee was not taken into consideration, as explicitly stated in paragraph 2 of the Assessment Order.
In response to this contention, the respondent’s counsel argued that the petitioner had been given sufficient opportunity to respond, referring to paragraph 2 of the Assessment Order. However, concerning the reply dated 08.09.2022, it was claimed that such a reply was not reflected in the portal.
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