https://www.taxtmi.com/caselaws?id=96480 A notice under Section 158BC that allowed less than the statutory minimum 15 days was held to be jurisdictionally defective and incapable of sustaining the block assessment. Section 292B did not cure the defect because it affected the substance of the notice, and later extension of time could not validate an initially void notice. On annulment of the assessment, the refund objection under Section 240 also failed because the amounts adjusted by the revenue were not shown to be outside refund relief on the facts. A fresh assessment was not warranted, as that would permit a second attempt to cure a jurisdictional failure. en-us Fri, 26 Aug 2005 00:00:00 +0530 Fri, 30 Dec 2011 08:49:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96480 A notice under Section 158BC that allowed less than the statutory minimum 15 days was held to be jurisdictionally defective and incapable of sustaining the block assessment. Section 292B did not cure the defect because it affected the substance of the notice, and later extension of time could not validate an initially void notice. On annulment of the assessment, the refund objection under Section 240 also failed because the amounts adjusted by the revenue were not shown to be outside refund relief on the facts. A fresh assessment was not warranted, as that would permit a second attempt to cure a jurisdictional failure. Case-Laws Income Tax Fri, 26 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96480