Summary
- The ITAT Raipur has quashed a ₹14.55 lakh cash deposit assessment, ruling that the assessee was not given a hearing before adverse directions were issued under Section 144A.
- In Seva Sahakari Samiti Maryadit Siriyagarh v. ITO, the Tribunal emphasized the violation of natural justice principles, particularly the right to be heard.
- The assessment for the Assessment Year 2017-18 was deemed null and void due to invalid directions that prejudiced the taxpayer without prior opportunity for response.
- This ruling underscores the critical importance of adhering to procedural safeguards in tax assessments, potentially impacting future cases involving similar violations.
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