“Adequate and Effective Opportunity of Being Heard must be Provided”: ITAT Remands the Case to Assessing Officer

The ITAT (Income Tax Appellate Tribunal) remanded a case back to the Assessing Officer (AO), emphasizing that an adequate and effective opportunity of being heard must be provided to the assessee. The tribunal found that the AO had not sufficiently allowed the taxpayer to present their case or respond to the tax assessment. This decision underscores the fundamental principle of natural justice, ensuring that taxpayers are given a fair chance to defend themselves in tax proceedings.