Authority: High Court at Calcutta
Order Date: 25 September 2026
Case Overview
- Parties: Bangladesh Steel Re‑Rolling Mills Ltd. (petitioner) vs Union of India & others (respondents, Income‑Tax Authorities).
- The petitioner challenged an assessment order dated 26 February 2026 issued under Section 92CA(3) of the Income Tax Act, alleging lack of personal hearing.
- The Court, on 1 September 2026, directed the respondents to file a report; the report indicated the petitioner had voluntarily appeared before a show‑cause notice dated 14 January 2026 and submitted written replies.
- The Court observed that although the petitioner’s replies were considered, the assessment order provided no reasons and did not record a personal hearing.
Final Outcome
- The assessment order dated 26 February 2026 is set aside.
- Respondents must pass a reasoned assessment order within six weeks of this order, after addressing all petitioner’s contentions and providing a personal hearing.
- The reasoned order must be communicated to the petitioner within one week of its passing.
- The time limit for passing the final assessment order is extended by six months from the date of this order.
- The writ petition (WPA 10377 of 2026) is disposed of.
Topics: Tax Assessment, Legal Hearing