Reassessment Valid and Depreciation Remanded as Denying Investigation Report for Rebuttal Violates Principles of Natural Justice
Reassessment Valid and Depreciation Remanded as Denying Investigation Report for Rebuttal Violates Principles of Natural Justice Issue Whether the reassessment proceedings initiated under Section 148 based on GST investigation inputs regarding bogus vendor invoices are valid, and whether disallowing depreciation on capital asset purchases without sharing the underlying investigation report with the assessee for rebuttal… Read More »