https://www.taxtmi.com/caselaws?id=20679 The Court held that the assessment order passed by the Income-tax Officer without issuing a fresh notice under section 143(2) of the Income-tax Act, 1961 was incorrect. It was emphasized that assessments should be based on the individual assessee's records, not those of other entities. The Court allowed the writ petition, quashed the order, and annulled the recovery proceedings. The Income-tax Officer was directed to proceed in finalizing the assessment according to law, stressing the importance of due process in income tax assessments. en-us Fri, 21 May 1993 00:00:00 +0530 Mon, 16 Nov 2009 15:32:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20679 The Court held that the assessment order passed by the Income-tax Officer without issuing a fresh notice under section 143(2) of the Income-tax Act, 1961 was incorrect. It was emphasized that assessments should be based on the individual assessee's records, not those of other entities. The Court allowed the writ petition, quashed the order, and annulled the recovery proceedings. The Income-tax Officer was directed to proceed in finalizing the assessment according to law, stressing the importance of due process in income tax assessments. Case-Laws Income Tax Fri, 21 May 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20679