https://www.taxtmi.com/caselaws?id=151126 The Tribunal upheld the validity of the reassessment, determining that the notice under section 148 was effectively served despite initial contentions. It allowed the additions made by the Assessing Officer beyond what was initially mentioned in the notice. The Tribunal also confirmed the participation of the assessee in the reassessment proceedings, validating the process. Additionally, it indirectly supported the applicability of section 292B of the Income-tax Act to cure procedural defects in serving notices. The Tribunal aligned with legal precedents stating that defects in serving notice do not render the assessment void, ultimately allowing the Revenue's appeal and restoring the reassessment order. en-us Wed, 22 Oct 2008 00:00:00 +0530 Thu, 30 May 2013 16:41:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151126 The Tribunal upheld the validity of the reassessment, determining that the notice under section 148 was effectively served despite initial contentions. It allowed the additions made by the Assessing Officer beyond what was initially mentioned in the notice. The Tribunal also confirmed the participation of the assessee in the reassessment proceedings, validating the process. Additionally, it indirectly supported the applicability of section 292B of the Income-tax Act to cure procedural defects in serving notices. The Tribunal aligned with legal precedents stating that defects in serving notice do not render the assessment void, ultimately allowing the Revenue's appeal and restoring the reassessment order. Case-Laws Income Tax Wed, 22 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151126