Kerala HC Quashes Section 148 A(b) Assessment Order for Lack of Opportunity to be Heard

ITO Vs Asamannoor Service Co-Operative Bank Ltd. (Kerala High Court)

The Kerala High Court has recently delivered a landmark judgment in the case of ITO Vs Asamannoor Service Co-Operative Bank Ltd., addressing the vital aspect of providing a reasonable opportunity to be heard under Section 148A(b) of the Income Tax Act. This decision, dated 17.10.2023, emphasized the significance of adhering to the principles of natural justice in the process of reassessment under the Income Tax Act.

The core issue in

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