ITAT Cannot Sustain Ex-Parte Order, Tribunal Must Provide Assessee Opportunity For Hearing Before Deciding Merits: Bombay High Court

Mumbai, 4th February 2025: In a landmark decision, the Bombay High Court has remanded a case concerning a Tax Assessment under the Income Tax Act, 1961 for a fresh hearing, emphasizing the importance of following the principles of natural justice and providing the affected party an opportunity to be heard. The case revolves around a petitioner's income tax assessment which was conducted by the jurisdictional assessing officer (respondent no. 2)…