Calcutta HC Sets Aside Assessment Order due to Violation of Natural Justice

Kunal Daga Vs Union of India (Calcutta High Court) Assessee submitted two replies dated 24.03.2022 to both the show cause notices totally denying knowledge of the alleged person with whom the assessee is alleged to have had transactions. On 30th March, 2022 the order was passed under Section 148A(d) of the Act. Thereafter notices under Sections 143 and 142(1) was issued for which a detailed reply was given by the assessee on 21.02.2023. Subsequently show cause notice was issued on 23.02.2023 giving less than three days time to the assessee to respond, in fact, the show cause notice runs to 11 ...