Section 148A Notice cannot sustain on Violation of Natural Justice Principle

Rajesh Kumar Malhotra Vs ACIT (Delhi High Court) The recent decision by the Delhi High Court has significant implications for the 2018-19 tax assessment of Rajesh Kumar Malhotra. The court found procedural violations and inadequate opportunities for the petitioner’s defense, leading to the quashing of the assessment. The crux of the matter revolves around a notice dated 27th March 2022, issued under Section 148 of the Income Tax Act, 1961. The petitioner argued that compliance time for the Show Cause Notice dated 21st March 2022 was insufficient, violating statutory norms. Furthermore, ...