Tag: 69A

The assessment order has been quashed by the Calcutta High Court on the foundation that the department has losses to place the taxpayer on the notice concerning the addition u/s 69A of the income tax. It was noted by the bench of Justice Raja Basu Chowdhury that the judgment incurred via the respondent department as shown in the assessment order does stand corrupt via the causes of failure on the end of the department to put the applicant on notice concerning the addition under section 69A. As the assessment order…