https://www.taxtmi.com/caselaws?id=239038 The Tribunal allowed the assessee's appeal, holding the assessment order for AY 2002-03 invalid and unsustainable due to procedural lapses. The notice issued under section 148 without passing an order under section 163(2) was deemed void-ab-initio, violating principles of natural justice. Failure to communicate reasons for initiating proceedings under section 147 in a timely manner rendered the assessment invalid. The Tribunal did not address the substantive taxability issues or the levy of interest under section 234B, focusing solely on the procedural deficiencies leading to the invalidation of the assessment. en-us Fri, 07 Jun 2013 00:00:00 +0530 Tue, 22 Oct 2013 18:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239038 The Tribunal allowed the assessee's appeal, holding the assessment order for AY 2002-03 invalid and unsustainable due to procedural lapses. The notice issued under section 148 without passing an order under section 163(2) was deemed void-ab-initio, violating principles of natural justice. Failure to communicate reasons for initiating proceedings under section 147 in a timely manner rendered the assessment invalid. The Tribunal did not address the substantive taxability issues or the levy of interest under section 234B, focusing solely on the procedural deficiencies leading to the invalidation of the assessment. Case-Laws Income Tax Fri, 07 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239038