While holding that the draft assessment order suffers from non-application of mind, the Madras High Court sets aside the proceedings initiated in violation of procedure prescribed as per Section.
In a significant legal development, the Gujarat High Court has invalidated an Income Tax Assessment Order, citing violations of Section 144B of the Income Tax Act.The petitioner, an individual.
The Kerala High Court on Wednesday issued notice to the Central government on a plea challenging the constitutional validity of the Faceless Assessment Procedure under Section 144B of the Income Tax Act.