https://www.taxtmi.com/highlights?id=60184 Validity of the assessment framed u/s 147 - As the mandatory notice was not available in the records of the Revenue. Thus it can be inferred that the notice under section 143(2) of the Act was not issued by the Revenue. Thus in the absence of such mandatory notice, the proceedings initiated under section 147 of the Act are not maintainable and liable to be quashed. Provisions of section 292BB cannot extend any benefit to the revenue. - AT en-us Wed, 20 Oct 2021 10:41:10 +0530 Wed, 20 Oct 2021 10:41:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=60184 Validity of the assessment framed u/s 147 - As the mandatory notice was not available in the records of the Revenue. Thus it can be inferred that the notice under section 143(2) of the Act was not issued by the Revenue. Thus in the absence of such mandatory notice, the proceedings initiated under section 147 of the Act are not maintainable and liable to be quashed. Provisions of section 292BB cannot extend any benefit to the revenue. - AT Highlights Income Tax Wed, 20 Oct 2021 10:41:10 +0530 https://www.taxtmi.com/highlights?id=60184