https://www.taxtmi.com/caselaws?id=61894 The Appellate Tribunal ITAT Cochin ruled on the validity of notices issued under section 148 for reassessment. The Tribunal held that despite procedural errors in the notices requiring income particulars within 30 days, such defects were curable under section 292B of the Income-tax Act. The Tribunal overturned the CIT (Appeals) decision, deeming the notices valid and subsequent actions lawful, emphasizing that procedural defects in notices do not invalidate reassessment proceedings. The Tribunal directed a fresh decision based on merits, allowing the appeals for statistical purposes. en-us Thu, 18 Jul 1996 00:00:00 +0530 Sat, 15 Jan 2011 18:35:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61894 The Appellate Tribunal ITAT Cochin ruled on the validity of notices issued under section 148 for reassessment. The Tribunal held that despite procedural errors in the notices requiring income particulars within 30 days, such defects were curable under section 292B of the Income-tax Act. The Tribunal overturned the CIT (Appeals) decision, deeming the notices valid and subsequent actions lawful, emphasizing that procedural defects in notices do not invalidate reassessment proceedings. The Tribunal directed a fresh decision based on merits, allowing the appeals for statistical purposes. Case-Laws Income Tax Thu, 18 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61894