{"id":65076,"date":"2026-10-15T06:32:37","date_gmt":"2026-10-15T01:02:37","guid":{"rendered":"https:\/\/itatonline.org\/digest\/srinivasa-and-co-v-nfac-2026-486-itr-454-185-taxmann-com-802-madhc\/"},"modified":"2026-10-15T06:32:37","modified_gmt":"2026-10-15T01:02:37","slug":"srinivasa-and-co-v-nfac-2026-486-itr-454-185-taxmann-com-802-madhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/srinivasa-and-co-v-nfac-2026-486-itr-454-185-taxmann-com-802-madhc\/","title":{"rendered":"Srinivasa and Co. v. NFAC (2026) 486 ITR 454 \/ 185 taxmann.com 802 (Mad)(HC)"},"content":{"rendered":"<p><strong>\u00a0<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Assessee submitted initial reply and uploaded bank statement details as called for. Thereafter, a show-cause notice required submission of reply within a short time; assessee sought adjournment on medical grounds and later attempted to upload reply, but the portal reflected that it was closed. Upon raising a grievance, the assessee was informed that an assessment order had already been passed and, therefore, the portal stood closed. Thereafter, an assessment order under section 147 read with section 144B was passed making an addition of about Rs. 38.63 lakhs under section 69A. On writ, the court held that the order\u00a0 was passed without giving an opportunity of personal hearing to the assessee; hence, it was set aside, and the matter was to be remanded back to the respondents for fresh consideration after enabling the assessee to file a reply and granting personal hearing. Directions to the Department to open the portal subject to payment of Rs. 2,000 to\u00a0 Principal Government Naturopathy Medical College and Hospital.\u00a0 (SJ)(AY. 2017-18)\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147: Reassessment-Unexplained money-Reassessment order making addition under section 69A was passed without granting personal hearing, and despite the assessee seeking adjournment on medical grounds, the portal was closed before reply could be filed; the order violated principles of natural justice and the matter was remanded for fresh adjudication-Directions to the Department to open portal subject to payment of Rs. 2,000 to hospital by assessee-Order to be passed after considering the assessee&#8217;s reply.[S.69A 144B,149 Art. 226]    <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-65076","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gVC","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=65076"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65076\/revisions"}],"predecessor-version":[{"id":65077,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65076\/revisions\/65077"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=65076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=65076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=65076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}