Adherence to Principles of Natural Justice must in Tax Assessment Proceedings: HC

Lulu International Shopping Malls Pvt Ltd. Vs DCIT (Kerala High Court) Introduction: In a recent development, the Kerala High Court issued a significant ruling in the case of Lulu International Shopping Malls Pvt Ltd. vs. DCIT concerning the quashing of an assessment order. The court’s decision provides relief to Lulu International, as it found that the assessment order had been issued in the absence of proper consideration of their reply. This article delves into the details of the case, the legal arguments presented, and the implications of the court’s decision. Detailed Analysis...