https://www.taxtmi.com/caselaws?id=427470 The High Court dismissed the writ appeal, upholding the Tribunal's decision to set aside the assessment order for the assessment year 2008-09. The Court found that the notice under Section 143(2) of the Income Tax Act was related to fringe benefits and not the correct taxable income assessment, thus not fulfilling the statutory requirements. Emphasizing the mandatory nature of the notice under Section 143(2), the Court supported the respondent's additional ground based on a Supreme Court decision, ruling it as a pure question of law affecting the assessment's jurisdiction. en-us Mon, 05 Sep 2022 00:00:00 +0530 Thu, 08 Sep 2022 17:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427470 The High Court dismissed the writ appeal, upholding the Tribunal's decision to set aside the assessment order for the assessment year 2008-09. The Court found that the notice under Section 143(2) of the Income Tax Act was related to fringe benefits and not the correct taxable income assessment, thus not fulfilling the statutory requirements. Emphasizing the mandatory nature of the notice under Section 143(2), the Court supported the respondent's additional ground based on a Supreme Court decision, ruling it as a pure question of law affecting the assessment's jurisdiction. Case-Laws Income Tax Mon, 05 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427470