Held that the order has been made before the time for the assessee to reply to the notice under section 148A(b) of the elapsed and the assessee had in fact sent a reply before the time elapsed. Notice and order is quashed.Matter remanded. (AY.2018-19)
India Cements Ltd. v.Dy. CIT (2023)457 ITR 754/ 148 taxmann.com 206 (Mad)(HC)
S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Order was passed before the time to reply the show cause notice is elapsed-Order and notice is quashed-Matter remanded. [S. 148A(b), 148A(d), Art. 226]