Insufficient time given for Compliance: HC quashes order & directs de novo consideration

Indian Education Society Vs ACIT (Exemption) (Bombay High Court) The recent judgment by the Bombay High Court in the case of Indian Education Society vs. ACIT (Exemption) addresses the issue of time provided for compliance with notices under the Income Tax Act. The petitioner challenged an order passed under Section 148A(d) of the Income Tax Act, along with a consequential notice issued under Section 148 of the Act. The petitioner argued that they were unable to respond to the notice within the given time frame due to the limited number of working days provided. The Court noted that the notice...