https://www.taxtmi.com/caselaws?id=9381 HC held that service of a valid notice under section 148 is mandatory to initiate reassessment proceedings and that section 292B cannot cure an invalid notice whose defect defeats the statutory requirement. The Tribunal's view that section 292B applied was overturned. Questions were answered against the revenue and in favour of the assessee, setting aside reassessment initiated on the basis of defective notices. en-us Wed, 15 Dec 2004 00:00:00 +0530 Tue, 23 Sep 2025 10:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9381 HC held that service of a valid notice under section 148 is mandatory to initiate reassessment proceedings and that section 292B cannot cure an invalid notice whose defect defeats the statutory requirement. The Tribunal's view that section 292B applied was overturned. Questions were answered against the revenue and in favour of the assessee, setting aside reassessment initiated on the basis of defective notices. Case-Laws Income Tax Wed, 15 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9381