https://www.taxtmi.com/caselaws?id=186679 The appeal challenged the validity of a notice served under section 143(2) of the IT Act beyond the statutory period. The CIT(A) dismissed the appeal, relying on the amended provision of section 143(2). However, the ITAT considered relevant provisions and precedent, noting the notice exceeded the 12-month period from the return filing. It was held that assessments are invalid if notices are served beyond the prescribed period, emphasizing the proviso's non-retrospective operation. Consequently, the assessment for the year 2007-08 was quashed, and the assessee's appeal was allowed. en-us Fri, 13 May 2011 00:00:00 +0530 Tue, 27 Sep 2016 15:53:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186679 The appeal challenged the validity of a notice served under section 143(2) of the IT Act beyond the statutory period. The CIT(A) dismissed the appeal, relying on the amended provision of section 143(2). However, the ITAT considered relevant provisions and precedent, noting the notice exceeded the 12-month period from the return filing. It was held that assessments are invalid if notices are served beyond the prescribed period, emphasizing the proviso's non-retrospective operation. Consequently, the assessment for the year 2007-08 was quashed, and the assessee's appeal was allowed. Case-Laws Income Tax Fri, 13 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186679