https://www.taxtmi.com/caselaws?id=344603 The Tribunal partially allowed the revenue's appeals, remanding the case for adjudication on the merits. It held that the notice issued under section 153A instead of 153C was curable under section 292B, emphasizing the importance of substantive compliance. The Tribunal noted the assessee's participation in the proceedings without objection, implying acceptance of the notice. It criticized the CIT(A) for annulling assessments based on procedural lapses and directed a fresh assessment on the merits, underscoring the significance of adhering to the Act's intent and purpose. en-us Fri, 19 May 2017 00:00:00 +0530 Wed, 21 Jun 2017 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344603 The Tribunal partially allowed the revenue's appeals, remanding the case for adjudication on the merits. It held that the notice issued under section 153A instead of 153C was curable under section 292B, emphasizing the importance of substantive compliance. The Tribunal noted the assessee's participation in the proceedings without objection, implying acceptance of the notice. It criticized the CIT(A) for annulling assessments based on procedural lapses and directed a fresh assessment on the merits, underscoring the significance of adhering to the Act's intent and purpose. Case-Laws Income Tax Fri, 19 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344603