https://www.taxtmi.com/caselaws?id=68512 The Tribunal deemed the assessment to be framed under Section 144 due to non-compliance with the statutory notice under Section 148, holding the assessment valid despite the technical flaw. The Tribunal upheld the AO's action under Section 147, finding it justified based on new facts discovered during a survey and clarifying the permissibility of issuing a notice under Section 148. The Tribunal deleted the additions of Rs. 3,61,800 and Rs. 1,63,500, allowing the appeal in part and dismissing the Revenue's appeal. en-us Mon, 23 Sep 2002 00:00:00 +0530 Wed, 30 Mar 2011 17:33:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68512 The Tribunal deemed the assessment to be framed under Section 144 due to non-compliance with the statutory notice under Section 148, holding the assessment valid despite the technical flaw. The Tribunal upheld the AO's action under Section 147, finding it justified based on new facts discovered during a survey and clarifying the permissibility of issuing a notice under Section 148. The Tribunal deleted the additions of Rs. 3,61,800 and Rs. 1,63,500, allowing the appeal in part and dismissing the Revenue's appeal. Case-Laws Income Tax Mon, 23 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68512