Section 54 Exemption cannot be denied Without Hearing on Property Purchases in Son’s Name

Shashi Bala Sharma Vs ITO (Delhi High Court) The petitioner filed a writ petition under Articles 226/227 of the Constitution of India challenging the order under Section 147 read with Section 144B of the Income Tax Act for Assessment Year 2018-19 and the demand notice under Section 156 of the Act, both dated 15.03.2023. The petitioner, a bedridden terminally ill lady, had reassessment proceedings initiated against her based on information received on the insight portal maintained by the Income Tax Department. The revenue alleged that she had not filed her income tax return for the relevant Ass...