Delhi HC quashes Income Tax Assessment Order for Natural Justice violation

Indus Towers Limited Vs ACIT (Delhi High Court) Introduction: In a recent verdict, the Delhi High Court provided significant relief to Indus Towers Limited by quashing an Income Tax Assessment Order. The court held that the order was issued in violation of natural justice, citing discrepancies between the proposal communicated to the petitioner and the adjustments made in the final order. Detailed Analysis: Indus Towers Limited approached the court through a writ petition (W.P.(C) 12722/2023), challenging the intimation dated 01.09.2023, which adjusted the refund due for Assessment Year 2022-2...