ITAT Kolkata Quashes Assessment Order for Violation of Natural Justice

Kanchan Vanijya Pvt Ltd Vs ACIT (ITAT Kolkata) The case of Kanchan Vanijya Pvt Ltd Vs ACIT (ITAT Kolkata) revolves around the assessment order passed by the Income Tax Department, which was challenged by the assessee citing violations of principles of natural justice. This article provides a detailed analysis of the proceedings and the decision rendered by the Income Tax Appellate Tribunal (ITAT) Kolkata. The appellant raised several grounds challenging the validity and legality of the assessment order. The crux of the matter lay in the alleged failure of the Assessing Officer (AO) to adhere t...