https://www.taxtmi.com/caselaws?id=183897 The Tribunal quashed the assessment order under section 158BD, deeming it null and void due to the notice under section 143(2) being served beyond the prescribed twelve-month period from the end of the month in which the return was filed. The Tribunal referenced precedents like Smt. Bandana Gogoi vs. CIT and Kuber Tobacco Products (P) Ltd. vs. Dy. CIT, emphasizing the importance of timely notice under section 143(2). The Tribunal dismissed the Departmental Representative's argument on the retrospective application of section 292BB, citing the Delhi Special Bench's ruling in Kuber Tobacco Products (P) Ltd. vs. Dy. CIT. Consequently, the appeal succeeded, and the assessment order was annulled without addressing the appeal's merits. en-us Mon, 16 Mar 2009 00:00:00 +0530 Fri, 24 Jun 2016 13:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183897 The Tribunal quashed the assessment order under section 158BD, deeming it null and void due to the notice under section 143(2) being served beyond the prescribed twelve-month period from the end of the month in which the return was filed. The Tribunal referenced precedents like Smt. Bandana Gogoi vs. CIT and Kuber Tobacco Products (P) Ltd. vs. Dy. CIT, emphasizing the importance of timely notice under section 143(2). The Tribunal dismissed the Departmental Representative's argument on the retrospective application of section 292BB, citing the Delhi Special Bench's ruling in Kuber Tobacco Products (P) Ltd. vs. Dy. CIT. Consequently, the appeal succeeded, and the assessment order was annulled without addressing the appeal's merits. Case-Laws Income Tax Mon, 16 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183897