https://www.taxtmi.com/caselaws?id=253617 The High Court ruled in favor of the assessee in a tax case appeal concerning the validity of an assessment under Section 143(3) without the mandatory notice under Section 143(2) of the Income Tax Act. Citing precedents, the Court held that the notice under Section 143(2) is compulsory. Consequently, the Court set aside the Tribunal's decision and allowed the appeal, impacting the additions made due to income and asset discrepancies. The assessee prevailed, and no costs were incurred. en-us Wed, 19 Nov 2014 00:00:00 +0530 Fri, 28 Nov 2014 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253617 The High Court ruled in favor of the assessee in a tax case appeal concerning the validity of an assessment under Section 143(3) without the mandatory notice under Section 143(2) of the Income Tax Act. Citing precedents, the Court held that the notice under Section 143(2) is compulsory. Consequently, the Court set aside the Tribunal's decision and allowed the appeal, impacting the additions made due to income and asset discrepancies. The assessee prevailed, and no costs were incurred. Case-Laws Income Tax Wed, 19 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253617