Income Tax Dept. must permit personal hearing through NFAC upon assessee’s request

Global Vectra Helicorp Limited Vs Assessment Unit (Delhi High Court)

The recent judgment by the Delhi High Court in the case of Global Vectra Helicorp Limited Vs Assessment Unit has significant implications for income tax assessments. The court’s ruling emphasizes the importance of providing a fair opportunity for the assessee to be heard during assessments conducted by the Income Tax Department.

The petitioner challenged the assessment order passed under Section 143(3) read with Section 144B of the Income Tax Act, 1961, citing inadequate opportunity for a hearing. The

Please become a Premium member. If you are already a Premium member, login here to access the full content.