https://www.taxtmi.com/caselaws?id=294259 The High Court upheld the Tribunal's findings, ruling in favor of the assessee and against the Revenue. The invalid notice issued under section 148 of the Income Tax Act led to the annulment of all subsequent proceedings. The court emphasized that the jurisdiction to reopen an assessment hinges on the issuance of a valid notice, and an incomplete notice renders the entire process void. As a result, the appeals were disposed of in favor of the assessee. en-us Thu, 03 Apr 2008 00:00:00 +0530 Thu, 01 Apr 2021 13:04:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294259 The High Court upheld the Tribunal's findings, ruling in favor of the assessee and against the Revenue. The invalid notice issued under section 148 of the Income Tax Act led to the annulment of all subsequent proceedings. The court emphasized that the jurisdiction to reopen an assessment hinges on the issuance of a valid notice, and an incomplete notice renders the entire process void. As a result, the appeals were disposed of in favor of the assessee. Case-Laws Income Tax Thu, 03 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294259