Constitutional validity of Section 144-B(9): SC Remits Case to AO

Sapna Flour Mills Ltd Vs Union of India & Ors (Supreme Court of India) Introduction: In a recent development, the Supreme Court of India has issued an order in the case of Sapna Flour Mills Ltd vs. Union of India & Others. The matter had been remitted to the Assessing Authority to allow the petitioner an opportunity to be heard. However, certain constitutional validity and jurisdictional issues under the Income Tax Act, 1961 were raised in the writ petition. This article provides insights into the Supreme Court’s order and its implications for Sapna Flour Mills Ltd. Detailed Anal...