https://www.taxtmi.com/caselaws?id=9405 The court upheld the Tribunal's decision, ruling that the notice issued under section 148 of the Income-tax Act was not validly served, rendering the reassessment proceedings invalid for the assessment year 1964-65. The judgment emphasized the critical requirement of serving a valid notice to initiate reassessment proceedings, highlighting that subsequent actions cannot rectify defects in the initial notice service. The outcome favored the assessee, with no costs awarded, underscoring the importance of strict adherence to legal procedures in initiating tax assessments. en-us Mon, 06 Dec 2004 00:00:00 +0530 Mon, 22 Jun 2009 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9405 The court upheld the Tribunal's decision, ruling that the notice issued under section 148 of the Income-tax Act was not validly served, rendering the reassessment proceedings invalid for the assessment year 1964-65. The judgment emphasized the critical requirement of serving a valid notice to initiate reassessment proceedings, highlighting that subsequent actions cannot rectify defects in the initial notice service. The outcome favored the assessee, with no costs awarded, underscoring the importance of strict adherence to legal procedures in initiating tax assessments. Case-Laws Income Tax Mon, 06 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9405