Opportunity of being heard granted as assessment completed on best judgement due to non-response by petitioner

Jaihan Infrastructure Vs DCIT (Madras High Court)

Madras High Court held that completion of assessment on best judgement as the petitioner had not shown cause in response to the notice vis-à-vis assessment made after several years of return filing. Hence, matter restored back for providing opportunity of being heard to petitioner.

Facts- The petitioner, which is a partnership firm engaged in the business of developing real estate, had filed its return of income on 28.09.2013. Pursuant to a search conducted at the premises of Mr.K.S.Thirumalaivasan, a partne

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