JUDGMENT :

Manmohan, J.

C.M. No. 19193/2022

Exemption allowed, subject to all just exceptions. Accordingly, the application stands disposed of.

W.P.(C) No. 6349/2022 & C.M. No. 19192/2022

1. Present writ petition has been filed challenging the assessment order dated 23rd March, 2022 passed under Section 147 read with Sections 144/144B of the Income Tax Act, 1961 (hereinafter referred to as the ‘Act’) as well as the demand notice and penalty notice both dated 23rd March, 2022 for the Assessment Year 2015-16. Petitioner further seeks a direction to restrain the respondent from giving effect to/proceed further pursuant to the impugned assessment order, the demand notice as well as penalty notice all dated 23rd March, 2022.

2. Learned counsel for the Petitioner states that the Respondent did not issue any draft assessment order and show cause notice under Section 144B(xvi)(b) of the Act to the Petitioner prior to passing of the impugned assessment order dated 23rd March, 2022. He states that as a consequence, the Petitioner has been denied a reasonable opportunity of hearing.

3. Issue notice. Mr. Ajit Sharma, learned counsel accepts notice on behalf of the Respondent. He states that the prese