https://www.taxtmi.com/caselaws?id=444216 The court ruled in favor of the appellant, finding procedural lapses in the reassessment process. It determined that the reassessment based on discrepancies in sale consideration and stamp valuation was invalid due to the lack of proper jurisdiction and failure to obtain necessary sanctions under sections 148 and 151. The court also noted the improper issuance of notices and the invalidity of orders passed on a deceased person. Additionally, the court highlighted the importance of providing adequate opportunities for hearings and serving show cause notices, emphasizing the need for compliance with procedural requirements in tax assessments. en-us Mon, 01 May 2023 00:00:00 +0530 Wed, 11 Oct 2023 08:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444216 The court ruled in favor of the appellant, finding procedural lapses in the reassessment process. It determined that the reassessment based on discrepancies in sale consideration and stamp valuation was invalid due to the lack of proper jurisdiction and failure to obtain necessary sanctions under sections 148 and 151. The court also noted the improper issuance of notices and the invalidity of orders passed on a deceased person. Additionally, the court highlighted the importance of providing adequate opportunities for hearings and serving show cause notices, emphasizing the need for compliance with procedural requirements in tax assessments. Case-Laws Income Tax Mon, 01 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444216