https://www.taxtmi.com/caselaws?id=394752 The Tribunal quashed the assessment order for A.Y. 2012-13 as the Assessing Officer failed to issue a mandatory notice under section 153C, rendering the assessment void ab initio. Despite upholding the addition of undisclosed interest income, the Tribunal ruled in favor of the appellant, emphasizing the necessity of procedural compliance in tax assessments. The appellant's challenge regarding the jurisdiction of the Assessing Officer was supported by discrepancies in the AO's assertion and an RTI reply, leading to the conclusion that the assessment should have been conducted under section 153C, not 143(3). en-us Mon, 17 Feb 2020 00:00:00 +0530 Thu, 23 Apr 2020 11:21:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394752 The Tribunal quashed the assessment order for A.Y. 2012-13 as the Assessing Officer failed to issue a mandatory notice under section 153C, rendering the assessment void ab initio. Despite upholding the addition of undisclosed interest income, the Tribunal ruled in favor of the appellant, emphasizing the necessity of procedural compliance in tax assessments. The appellant's challenge regarding the jurisdiction of the Assessing Officer was supported by discrepancies in the AO's assertion and an RTI reply, leading to the conclusion that the assessment should have been conducted under section 153C, not 143(3). Case-Laws Income Tax Mon, 17 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394752