https://www.taxtmi.com/caselaws?id=288069 The Court upheld the appeal by the Revenue challenging the cancellation of assessment under section 147 of the IT Act by the Income-tax Appellate Tribunal. The Court noted that the retrospective amendment in section 148 validated notices issued beyond the prescribed time limit under section 143(2), curing the technical defects identified by the Tribunal. The case was remitted back to the Tribunal for a fresh decision on merits in accordance with the law, emphasizing compliance with legal provisions. en-us Mon, 07 Aug 2006 00:00:00 +0530 Sat, 16 May 2020 17:48:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288069 The Court upheld the appeal by the Revenue challenging the cancellation of assessment under section 147 of the IT Act by the Income-tax Appellate Tribunal. The Court noted that the retrospective amendment in section 148 validated notices issued beyond the prescribed time limit under section 143(2), curing the technical defects identified by the Tribunal. The case was remitted back to the Tribunal for a fresh decision on merits in accordance with the law, emphasizing compliance with legal provisions. Case-Laws Income Tax Mon, 07 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288069