Madras HC Sets Aside Assessment Order Due to Insufficient Time to respond

General Commercial Agencies Vs Assessment Unit (Madras High Court) In the case of General Commercial Agencies vs Assessment Unit, the petitioner challenged an income tax assessment order dated 23.03.2023, concerning the assessment year 2018-2019, issued by the Income Tax Department. The reassessment proceedings were initiated following a notice under Section 148 of the Income Tax Act, 1961. Subsequent notices under Sections 143(2) and 142(1) were issued in November 2023. The contentious issue arose when a show cause notice (SCN) dated 13.03.2024, raised for the first time, an allegation concer...