https://www.taxtmi.com/caselaws?id=237322 The High Court held that the cancellation of the assessment under Section 143 (3) (b) did not merge with the original assessment under Section 143 (1). Therefore, if income escaped assessment due to the cancellation, a notice under Section 155 could be issued for amendment. The Court clarified that orders under Section 155 should be passed after the assessment was framed. As the assessment under Section 143 (3) (b) was set aside, there was no completed assessment for any income to be taxed under Section 155. The Court ruled in favor of the revenue and against the assessee, disposing of the income tax appeal accordingly. en-us Mon, 09 Sep 2013 00:00:00 +0530 Wed, 25 Sep 2013 06:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237322 The High Court held that the cancellation of the assessment under Section 143 (3) (b) did not merge with the original assessment under Section 143 (1). Therefore, if income escaped assessment due to the cancellation, a notice under Section 155 could be issued for amendment. The Court clarified that orders under Section 155 should be passed after the assessment was framed. As the assessment under Section 143 (3) (b) was set aside, there was no completed assessment for any income to be taxed under Section 155. The Court ruled in favor of the revenue and against the assessee, disposing of the income tax appeal accordingly. Case-Laws Income Tax Mon, 09 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237322