Tag Archives: National Faceless Assessment Centre

Faceless assessment order passed with unnotified income additions violates natural justice and warrants quashing.

By | August 3, 2026

Faceless assessment order passed with unnotified income additions violates natural justice and warrants quashing. Issue Whether a final faceless assessment order passed under Section 144 read with Section 144B—making an enhanced addition significantly higher than proposed in the initial show-cause notice without offering a further opportunity of hearing—violates principles of natural justice and is liable… Read More »

Income tax demands not part of an NCLT-approved resolution plan stand completely extinguished.

By | June 26, 2026

Income tax demands not part of an NCLT-approved resolution plan stand completely extinguished. Issue Whether the Revenue can legally enforce a Section 156 demand notice for pre-moratorium tax liabilities after a corporate resolution plan has been formally approved by the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016 (IBC). Facts The… Read More »

Unexplained Bank Deposits Remanded for Fresh Assessment to Evaluate Profit Estimation Based on Past and Succeeding Years

By | June 11, 2026

Unexplained Bank Deposits Remanded for Fresh Assessment to Evaluate Profit Estimation Based on Past and Succeeding Years Unexplained Bank Deposits Remanded for Fresh Assessment to Evaluate Profit Estimation Based on Past and Succeeding Years Issue Whether the Assessing Officer was justified in treating the entire cash deposit of ₹1.28 crore as unexplained money under Section… Read More »