Madras HC Directs Swift Disposal of Appeal in Annamalai Bus Transports P Ltd. Case

Annamalai Bus Transports P Ltd. Vs PCIT (Madras High Court) Introduction: The Madras High Court has intervened in the case of Annamalai Bus Transports P Ltd. vs PCIT, directing the CIT (Appeals) to promptly dispose of the appeal filed by the assessee within 60 days. The court observed procedural irregularities and a lack of adherence to principles of natural justice in the penalty proceedings, highlighting the absence of cash transactions. Key Points: 1. The writ petition challenges the order of the first respondent dated 20.09.2023, directing the petitioner to pay 20% of the disputed demand f...