https://www.taxtmi.com/caselaws?id=279838 The High Court of Bombay allowed the Appeals challenging an impugned order under the Income-tax Act for Assessment Years 1992-93, 1993-94, and 1994-95. The Court held that assessments made under Section 143(3) without issuing the mandatory notice under Section 143(2) are void ab-initio, following the Supreme Court precedent in ACIT v. Hotel Blue Moon. As no such notice was issued in this case, the Court ruled in favor of the appellant-assessee, emphasizing the importance of complying with procedural requirements for valid assessments. The Appeals were allowed, highlighting the necessity of adhering to statutory procedures for assessment validity. en-us Mon, 30 Jul 2018 00:00:00 +0530 Mon, 08 Apr 2019 00:39:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279838 The High Court of Bombay allowed the Appeals challenging an impugned order under the Income-tax Act for Assessment Years 1992-93, 1993-94, and 1994-95. The Court held that assessments made under Section 143(3) without issuing the mandatory notice under Section 143(2) are void ab-initio, following the Supreme Court precedent in ACIT v. Hotel Blue Moon. As no such notice was issued in this case, the Court ruled in favor of the appellant-assessee, emphasizing the importance of complying with procedural requirements for valid assessments. The Appeals were allowed, highlighting the necessity of adhering to statutory procedures for assessment validity. Case-Laws Income Tax Mon, 30 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279838