https://www.taxtmi.com/caselaws?id=433634 The High Court held that the assumption of jurisdiction under section 147 without serving the notice under section 148 was invalid, rendering the assessment order illegal and bad in law. The appellant's appeal was allowed due to the lack of proper service of notice under section 148, leading to the rejection of the assessment order regarding the addition of alleged unexplained investment under section 69 of the Act. en-us Tue, 20 Dec 2022 00:00:00 +0530 Fri, 03 Feb 2023 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433634 The High Court held that the assumption of jurisdiction under section 147 without serving the notice under section 148 was invalid, rendering the assessment order illegal and bad in law. The appellant's appeal was allowed due to the lack of proper service of notice under section 148, leading to the rejection of the assessment order regarding the addition of alleged unexplained investment under section 69 of the Act. Case-Laws Income Tax Tue, 20 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433634