https://www.taxtmi.com/caselaws?id=68618 The Tribunal quashed the assessment and the impugned order in a case concerning a challenge to the legality of an assessment based on the validity of a notice under section 143(2) issued after the prescribed time limit had lapsed. The CIT(A) exceeded jurisdiction by directing the issuance of the notice beyond the statutory deadline, rendering the assessment invalid. The appeal was allowed solely on the legal issue of procedural irregularity, emphasizing the importance of adhering to statutory timelines and the consequences of non-compliance in tax assessments. en-us Wed, 30 Nov 2005 00:00:00 +0530 Wed, 18 Jul 2012 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68618 The Tribunal quashed the assessment and the impugned order in a case concerning a challenge to the legality of an assessment based on the validity of a notice under section 143(2) issued after the prescribed time limit had lapsed. The CIT(A) exceeded jurisdiction by directing the issuance of the notice beyond the statutory deadline, rendering the assessment invalid. The appeal was allowed solely on the legal issue of procedural irregularity, emphasizing the importance of adhering to statutory timelines and the consequences of non-compliance in tax assessments. Case-Laws Income Tax Wed, 30 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68618