https://www.taxtmi.com/caselaws?id=442300 The ITAT Delhi allowed the appeal of the assessee, emphasizing that the non-service of notice u/s 143(2) of the Act during the reassessment proceedings for AY 2007-08 rendered the assessment order u/s 147/143(3) of the Act invalid, leading to its quashing. The judgment highlighted the inapplicability of section 292BB of the Act to the said Assessment Year and the significance of proper notice service in maintaining the validity of assessment orders. en-us Fri, 25 Aug 2023 00:00:00 +0530 Tue, 29 Aug 2023 08:38:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442300 The ITAT Delhi allowed the appeal of the assessee, emphasizing that the non-service of notice u/s 143(2) of the Act during the reassessment proceedings for AY 2007-08 rendered the assessment order u/s 147/143(3) of the Act invalid, leading to its quashing. The judgment highlighted the inapplicability of section 292BB of the Act to the said Assessment Year and the significance of proper notice service in maintaining the validity of assessment orders. Case-Laws Income Tax Fri, 25 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442300