https://www.taxtmi.com/caselaws?id=262703 The High Court affirmed the Tribunal's decision that reassessment orders were invalid due to the absence of a mandatory notice under Section 143(2) of the Income Tax Act. The Court emphasized the jurisdictional requirement of issuing such notice and dismissed the appeals, stating that the defect could not be rectified by Section 292BB. The Department's claim of inadequate opportunity to produce records was rejected, with the Court criticizing the Department for misleading assertions. No significant legal issues were identified for further review. en-us Tue, 04 Aug 2015 00:00:00 +0530 Sat, 05 Mar 2016 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262703 The High Court affirmed the Tribunal's decision that reassessment orders were invalid due to the absence of a mandatory notice under Section 143(2) of the Income Tax Act. The Court emphasized the jurisdictional requirement of issuing such notice and dismissed the appeals, stating that the defect could not be rectified by Section 292BB. The Department's claim of inadequate opportunity to produce records was rejected, with the Court criticizing the Department for misleading assertions. No significant legal issues were identified for further review. Case-Laws Income Tax Tue, 04 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262703