Income Tax Assessing Authority Can Issue Multiple Notices: Kerala HC

Synthite Industries Private Limited Vs ACIT (Kerala High Court) The case of Synthite Industries Private Limited vs ACIT before the Kerala High Court revolves around the issuance of notices under Section 142(1) of the Income Tax Act. After a previous assessment order was set aside, the petitioner challenged the validity of subsequent notices seeking explanations on additional issues. Detailed Analysis: Following the quashing of the initial assessment order and a remand for a reevaluation process, the Assessing Authority issued notices (Exts.P9 and P11) to the petitioner under Section 142(1) of ...