https://www.taxtmi.com/caselaws?id=178059 In block assessment proceedings, section 143(2) notice must be issued within the prescribed limitation period because section 158BC applies sections 142 and 143 so far as may be. The text treats the proviso's time limit as mandatory, following the jurisdictional High Court view that the statutory notice requirement is not a curable irregularity in this context. It also notes that the contrary Special Bench approach was rejected. On this reasoning, a notice issued beyond twelve months from filing of the block return renders the assessment invalid and void ab initio. en-us Fri, 25 Sep 2009 00:00:00 +0530 Wed, 27 Jan 2016 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178059 In block assessment proceedings, section 143(2) notice must be issued within the prescribed limitation period because section 158BC applies sections 142 and 143 so far as may be. The text treats the proviso's time limit as mandatory, following the jurisdictional High Court view that the statutory notice requirement is not a curable irregularity in this context. It also notes that the contrary Special Bench approach was rejected. On this reasoning, a notice issued beyond twelve months from filing of the block return renders the assessment invalid and void ab initio. Case-Laws Income Tax Fri, 25 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178059