https://www.taxtmi.com/caselaws?id=262684 The Tribunal dismissed the revenue's appeal against the CIT(A)'s decision regarding the invalidity of the assessment order for AY 2006-07. The failure to issue notice under section 143(2) of the Income Tax Act within the prescribed time rendered the assessment void ab initio. The Tribunal held that this procedural irregularity was not curable under section 292BB of the Act, as it was not applicable to the relevant assessment year. Relief was granted to the assessee based on the requirement of notice under section 143(2), and the Tribunal affirmed the CIT(A)'s decision, upholding the assessment order's invalidity. en-us Fri, 30 Jan 2015 00:00:00 +0530 Tue, 18 Aug 2015 08:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262684 The Tribunal dismissed the revenue's appeal against the CIT(A)'s decision regarding the invalidity of the assessment order for AY 2006-07. The failure to issue notice under section 143(2) of the Income Tax Act within the prescribed time rendered the assessment void ab initio. The Tribunal held that this procedural irregularity was not curable under section 292BB of the Act, as it was not applicable to the relevant assessment year. Relief was granted to the assessee based on the requirement of notice under section 143(2), and the Tribunal affirmed the CIT(A)'s decision, upholding the assessment order's invalidity. Case-Laws Income Tax Fri, 30 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262684