Delhi HC Quashes Section 147 Order Passed Without Issuing SCN

S.B. Distributors Acting Through Its Partners And 4 And Ors Vs ITO (Delhi High Court) Introduction: In a recent landmark judgement by the Delhi High Court, it was ruled that the income revision under section 147 of the Income Tax Act, initiated by the Income Tax Officer (ITO) against SB Distributors, was invalid due to the absence of a Show Cause Notice (SCN) issued prior to the revision. The court quashed the impugned assessment order and offered respite to the petitioner. Analysis: The bone of contention in the SB Distributors vs ITO case was the assessment order dated 29.05.2023 passed unde...