https://www.taxtmi.com/caselaws?id=3771 The High Court dismissed the Revenue's appeal, affirming the Tribunal's decision that the notice under section 148 was invalid due to the initiation of proceedings under section 142(1) without a concluded assessment order. The Court emphasized the lack of information on record prior to the assessee's disclosure and concluded that no substantial question of law arose from the Tribunal's order. The judgment highlights the importance of procedural compliance and legal precedents in determining the validity of notices under the Income Tax Act and the jurisdiction of assessments framed under the Act. en-us Mon, 31 Mar 2008 00:00:00 +0530 Sun, 27 Jul 2008 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3771 The High Court dismissed the Revenue's appeal, affirming the Tribunal's decision that the notice under section 148 was invalid due to the initiation of proceedings under section 142(1) without a concluded assessment order. The Court emphasized the lack of information on record prior to the assessee's disclosure and concluded that no substantial question of law arose from the Tribunal's order. The judgment highlights the importance of procedural compliance and legal precedents in determining the validity of notices under the Income Tax Act and the jurisdiction of assessments framed under the Act. Case-Laws Income Tax Mon, 31 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3771