https://www.taxtmi.com/caselaws?id=251978 The High Court of Karnataka upheld the Tribunal's decision that the absence of a valid notice under Section 148 of the Income Tax Act rendered the proceedings under Section 147 invalid. The Court emphasized the necessity of serving notice on the assessee before initiating proceedings under Section 147. Citing relevant case law, the Court dismissed the Revenue's appeal, underscoring the significance of complying with statutory requirements, particularly regarding the service of notice, in conducting assessment or reassessment proceedings under the Income Tax Act. en-us Tue, 19 Aug 2014 00:00:00 +0530 Tue, 07 Oct 2014 07:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251978 The High Court of Karnataka upheld the Tribunal's decision that the absence of a valid notice under Section 148 of the Income Tax Act rendered the proceedings under Section 147 invalid. The Court emphasized the necessity of serving notice on the assessee before initiating proceedings under Section 147. Citing relevant case law, the Court dismissed the Revenue's appeal, underscoring the significance of complying with statutory requirements, particularly regarding the service of notice, in conducting assessment or reassessment proceedings under the Income Tax Act. Case-Laws Income Tax Tue, 19 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251978