https://www.taxtmi.com/caselaws?id=268110 The Tribunal dismissed the Revenue's appeals as the assessment was invalidated due to non-service of notice under section 143(2) of the Income-tax Act within the prescribed period. Consequently, the penalty under section 271(1)(c) was deemed unsustainable. The judgment stressed the significance of proper notice service and adherence to timelines for maintaining the integrity of tax assessments. en-us Fri, 03 Jul 2015 00:00:00 +0530 Fri, 20 Nov 2015 10:22:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268110 The Tribunal dismissed the Revenue's appeals as the assessment was invalidated due to non-service of notice under section 143(2) of the Income-tax Act within the prescribed period. Consequently, the penalty under section 271(1)(c) was deemed unsustainable. The judgment stressed the significance of proper notice service and adherence to timelines for maintaining the integrity of tax assessments. Case-Laws Income Tax Fri, 03 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268110