Karnataka HC Quashes Assessment as Income Tax Portal Closed Before Approved Deadline

Bhavani Shankar Shetty Vs DCIT (Karnataka High Court) The Karnataka High Court partly allowed a writ petition challenging an assessment order passed under Sections 143(3) read with 144B of the Income Tax Act, 1961, holding that the petitioner was not provided a reasonable opportunity to present his case. The petitioner had received notices under Sections 143(2) and 142(1) and was later issued a show cause notice regarding an investment of Rs. 2.50 crore in the purchase of a property. The petitioner sought an adjournment on 10.03.2026, which was accepted, granting time until 14.03.2026 to respo...