https://www.taxtmi.com/caselaws?id=119007 The Tribunal ruled in favor of the assessee, holding that the notice under section 143(2) issued after the statutory period of limitation rendered the assessment and demand raised invalid. The Tribunal rejected the Revenue's argument that the appeal was incompetent due to the voluntary surrender made by the assessee, emphasizing that the invalid notice deprived the Assessing Officer of jurisdiction to make the assessment. Consequently, the Tribunal allowed the appeal filed by the assessee, setting aside the addition made by the Assessing Officer. en-us Fri, 03 Jun 2005 00:00:00 +0530 Sat, 07 Jul 2012 13:25:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119007 The Tribunal ruled in favor of the assessee, holding that the notice under section 143(2) issued after the statutory period of limitation rendered the assessment and demand raised invalid. The Tribunal rejected the Revenue's argument that the appeal was incompetent due to the voluntary surrender made by the assessee, emphasizing that the invalid notice deprived the Assessing Officer of jurisdiction to make the assessment. Consequently, the Tribunal allowed the appeal filed by the assessee, setting aside the addition made by the Assessing Officer. Case-Laws Income Tax Fri, 03 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119007