https://www.taxtmi.com/caselaws?id=18175 Reassessment proceedings could not be sustained where the notice under section 148 was not validly served, because the foundational statutory requirement for further action was absent. On that basis, the assessee's application under section 146 was upheld and the finding of sufficient cause for non-compliance with the notice was accepted. The penalty under section 271(1)(a) also fell, as it was consequential to the invalid initiation of proceedings. The reference was answered wholly in favour of the assessee, with all referred questions decided against the Department. en-us Wed, 03 Apr 1996 00:00:00 +0530 Tue, 29 Sep 2009 13:11:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18175 Reassessment proceedings could not be sustained where the notice under section 148 was not validly served, because the foundational statutory requirement for further action was absent. On that basis, the assessee's application under section 146 was upheld and the finding of sufficient cause for non-compliance with the notice was accepted. The penalty under section 271(1)(a) also fell, as it was consequential to the invalid initiation of proceedings. The reference was answered wholly in favour of the assessee, with all referred questions decided against the Department. Case-Laws Income Tax Wed, 03 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18175