https://www.taxtmi.com/caselaws?id=298041 The Tribunal allowed the appeal, quashing the reassessment proceedings due to the absence of a notice under section 143(2) of the Income Tax Act. The reassessment order was deemed invalid, leading to the rejection of the addition made on account of undisclosed income. The reopening of the case under sections 147/148 was also considered improper and was consequently quashed. The Tribunal's decision was based on established precedents and the mandatory requirement of issuing a notice under section 143(2) before commencing assessment proceedings. en-us Mon, 11 Mar 2019 00:00:00 +0530 Wed, 06 Oct 2021 20:33:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298041 The Tribunal allowed the appeal, quashing the reassessment proceedings due to the absence of a notice under section 143(2) of the Income Tax Act. The reassessment order was deemed invalid, leading to the rejection of the addition made on account of undisclosed income. The reopening of the case under sections 147/148 was also considered improper and was consequently quashed. The Tribunal's decision was based on established precedents and the mandatory requirement of issuing a notice under section 143(2) before commencing assessment proceedings. Case-Laws Income Tax Mon, 11 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298041