HC Set Aside Assessment Order for lack of adequate opportunity

HIROTEC India Private Limited Vs Assessing Officer (Madras High Court) Introduction: In the case of HIROTEC India Private Limited vs. Assessing Officer, the Madras High Court’s recent judgment emphasizes the importance of upholding principles of natural justice in the assessment process under the Income Tax Act, 1961. This article delves into the details of the case, highlighting the violation of these principles and the subsequent quashing of the assessment order. Impugned Assessment Order and Show Cause Notice: The petitioner contested the impugned Assessment Order dated September 21, ...