https://www.taxtmi.com/caselaws?id=181796 The High Court annulled the assessment order due to late issuance of notice under Section 143(2) of the Act. Despite Revenue's arguments invoking Section 292BB, the Court held that it does not cure non-issuance within the statutory period. Section 292BB only addresses defects in notice service, not timing issues. The Court emphasized the necessity of timely notice issuance, dismissing the appeal as Section 292BB does not save proceedings in such cases. The Court clarified that Section 292BB does not apply to non-issuance of notice within the prescribed timeframe, focusing on curing defects in notice service. en-us Mon, 18 Jul 2011 00:00:00 +0530 Tue, 04 Apr 2023 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181796 The High Court annulled the assessment order due to late issuance of notice under Section 143(2) of the Act. Despite Revenue's arguments invoking Section 292BB, the Court held that it does not cure non-issuance within the statutory period. Section 292BB only addresses defects in notice service, not timing issues. The Court emphasized the necessity of timely notice issuance, dismissing the appeal as Section 292BB does not save proceedings in such cases. The Court clarified that Section 292BB does not apply to non-issuance of notice within the prescribed timeframe, focusing on curing defects in notice service. Case-Laws Income Tax Mon, 18 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181796