https://www.taxtmi.com/caselaws?id=178240 The Tribunal declared the assessments void due to an invalid notice issued u/s.158BC, setting aside the appeals and not addressing the case merits. The Tribunal emphasized that the notice's non-compliance with the statutory time period rendered the assessments void ab initio, as it lacked jurisdiction for assessment proceedings. The AO's argument that the defect was curable under sec.292B was rejected. Consequently, the assessees' appeals were allowed, with the assessments being deemed void. en-us Wed, 29 Aug 2012 00:00:00 +0530 Sat, 30 Jan 2016 18:15:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178240 The Tribunal declared the assessments void due to an invalid notice issued u/s.158BC, setting aside the appeals and not addressing the case merits. The Tribunal emphasized that the notice's non-compliance with the statutory time period rendered the assessments void ab initio, as it lacked jurisdiction for assessment proceedings. The AO's argument that the defect was curable under sec.292B was rejected. Consequently, the assessees' appeals were allowed, with the assessments being deemed void. Case-Laws Income Tax Wed, 29 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178240