ITAT Sets Aside Assessment Order on Cash Deposits During Demonetization due to Violation of Natural Justice

The ITAT has set aside an assessment order on cash deposits during demonetization due to violation of natural justice. The ITAT's decision emphasizes the importance of providing taxpayers with a fair hearing and adhering to due process. The order protects the rights of taxpayers and ensures that tax assessments are based on proper evidence and reasoning. This case highlights the role of the ITAT in upholding fairness and justice in tax matters.