Allowing the petition the Court held that since section 144B(7) provides for a personal hearing, assessment order, notice of demand passed under section 156 and notice for penalty were set aside and matter was to be remanded back to Assessing Officer. (AY. 2018-19)
Punjab and Sind Bank v. National Faceless Assessment Centre (2021) 282 Taxman 34 (Delhi) (HC)
S. 144B : Faceless Assessment-Natural justice-Personal hearing was not granted-Assessment order, notice of demand, penalty notices were set aside [S. 143(3), 144B(7), 156, 274, Art, 226]