Order of PCIT passed without considering contentions of assessee is liable to be quashed

AMNS Ports Vizag Terminals Ltd. Vs PCIT (ITAT Allahabad)

ITAT Allahabad held that order passed by PCIT without considering the contentions of the assessee is against the principles of natural justice and accordingly is liable to be set aside. Accordingly, appeal of the assessee allowed.

Facts-Present appeal has been p referred by the assessee against order passed by PCIT u/s. 263. Notably, the order of the ld. PCIT reveals that he found the assessment order passed by the AO u/s 143(3) of the Act in the case of the assessee for the impugned year erroneous cau

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