https://www.taxtmi.com/caselaws?id=213330 The Tribunal dismissed both the Revenue's appeal and the assessee's cross-objection. The assessment order was quashed due to the lack of jurisdiction, as the AO failed to issue a proper notice under section 148, rendering the assessment invalid. As a result, the issue of the deletion of deemed dividend under section 2(22) of the Income Tax Act was not addressed on its merits. en-us Fri, 10 Feb 2012 00:00:00 +0530 Fri, 18 May 2012 08:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213330 The Tribunal dismissed both the Revenue's appeal and the assessee's cross-objection. The assessment order was quashed due to the lack of jurisdiction, as the AO failed to issue a proper notice under section 148, rendering the assessment invalid. As a result, the issue of the deletion of deemed dividend under section 2(22) of the Income Tax Act was not addressed on its merits. Case-Laws Income Tax Fri, 10 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213330