https://www.taxtmi.com/caselaws?id=67207 The Tribunal held that a notice served under section 143(2) beyond the 12-month limitation period from the filing of the return renders the subsequent assessment proceedings invalid and illegal ab initio. Citing relevant legal provisions and precedents, including a Supreme Court decision, the Tribunal emphasized the necessity of a valid notice for reopening assessments. Despite arguments regarding dispatch dates and non-working days, the Tribunal maintained that timely service, not issuance, of the notice is crucial. Consequently, the assessment conducted following the delayed notice was deemed illegal and void, leading to its cancellation in favor of the assessee. en-us Fri, 22 May 2009 00:00:00 +0530 Wed, 09 Mar 2011 15:18:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67207 The Tribunal held that a notice served under section 143(2) beyond the 12-month limitation period from the filing of the return renders the subsequent assessment proceedings invalid and illegal ab initio. Citing relevant legal provisions and precedents, including a Supreme Court decision, the Tribunal emphasized the necessity of a valid notice for reopening assessments. Despite arguments regarding dispatch dates and non-working days, the Tribunal maintained that timely service, not issuance, of the notice is crucial. Consequently, the assessment conducted following the delayed notice was deemed illegal and void, leading to its cancellation in favor of the assessee. Case-Laws Income Tax Fri, 22 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67207