https://www.taxtmi.com/caselaws?id=331136 The Court ruled in favor of the appellant, stating that the Income Tax Appellate Tribunal erred in its interpretation of the statutory notice requirement under Section 143(2) for block assessments under Section 158BC. Emphasizing the importance of issuing such notice within the prescribed time frame, the Court held that the failure to do so cannot be considered a procedural irregularity and is not curable. The judgment highlighted the significance of adhering to procedural requirements and legal principles, ultimately quashing the ITAT's decision and allowing the Tax Appeal in favor of the appellant. en-us Thu, 04 Aug 2016 00:00:00 +0530 Sat, 13 Aug 2016 12:57:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331136 The Court ruled in favor of the appellant, stating that the Income Tax Appellate Tribunal erred in its interpretation of the statutory notice requirement under Section 143(2) for block assessments under Section 158BC. Emphasizing the importance of issuing such notice within the prescribed time frame, the Court held that the failure to do so cannot be considered a procedural irregularity and is not curable. The judgment highlighted the significance of adhering to procedural requirements and legal principles, ultimately quashing the ITAT's decision and allowing the Tax Appeal in favor of the appellant. Case-Laws Income Tax Thu, 04 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331136