Delhi HC Quashes Assessment Order Preceding SCN Reply Deadline

Wonder Bricks Vs PCIT (Delhi High Court) Introduction: In a recent ruling, the Delhi High Court addressed a case related to the Income Tax Act, specifically concerning Assessment Year (AY) 2014-15. The petitioner raised concerns about the timing of the assessment order and the show cause notice, leading to a significant legal battle. This article provides a detailed analysis of the court’s decision and its implications for the parties involved. Detailed Analysis: The dispute revolves around the petitioner’s claim that the assessment order dated 13.04.2023 was passed before the expi...