https://www.taxtmi.com/caselaws?id=205365 The High Court found that the assessment notice issued under section 158BD for block period assessment was valid despite a technical error in mentioning the section number. The Court clarified that the notice was in conformity with the law's intent and purpose, and the assessee correctly understood and complied with it. The Tribunal's decision to cancel the assessment was deemed incorrect, and the High Court allowed the appeals, vacated the Tribunal's orders, and remanded the case for a fresh decision on merits. en-us Fri, 12 Nov 2010 00:00:00 +0530 Thu, 14 Jun 2012 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205365 The High Court found that the assessment notice issued under section 158BD for block period assessment was valid despite a technical error in mentioning the section number. The Court clarified that the notice was in conformity with the law's intent and purpose, and the assessee correctly understood and complied with it. The Tribunal's decision to cancel the assessment was deemed incorrect, and the High Court allowed the appeals, vacated the Tribunal's orders, and remanded the case for a fresh decision on merits. Case-Laws Income Tax Fri, 12 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205365