https://www.taxtmi.com/caselaws?id=178746 The High Court of Gujarat dismissed the appeal challenging the validity of an assessment order under section 158BC of the Income Tax Act for the block period 1989-90 to 1998-99 due to the non-issuance of notice under section 143(2) within one year from the date of filing the return. Citing the Supreme Court decision in Assistant Commissioner of Income Tax v. Hotel Blue Moon, it was held that the notice under section 143(2) must be issued within the prescribed timeline, making it a mandatory requirement. The appeal was dismissed in favor of the assessee, with no order as to costs. en-us Thu, 23 Jun 2011 00:00:00 +0530 Thu, 11 Feb 2016 18:40:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178746 The High Court of Gujarat dismissed the appeal challenging the validity of an assessment order under section 158BC of the Income Tax Act for the block period 1989-90 to 1998-99 due to the non-issuance of notice under section 143(2) within one year from the date of filing the return. Citing the Supreme Court decision in Assistant Commissioner of Income Tax v. Hotel Blue Moon, it was held that the notice under section 143(2) must be issued within the prescribed timeline, making it a mandatory requirement. The appeal was dismissed in favor of the assessee, with no order as to costs. Case-Laws Income Tax Thu, 23 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178746