https://www.taxtmi.com/caselaws?id=34269 The High Court held that the proceedings initiated under Section 147 of the Income Tax Act, 1961 were valid, despite the notice being issued under Section 147 instead of Section 143(2). The court emphasized that there was no bar for the Assessing Officer to proceed under Section 143(2) and that the assessment was not vitiated by the notice discrepancy. The court allowed the appeal, overturning the decisions of the CIT(A) and the Tribunal, and remanded the case for further consideration on merits. en-us Tue, 21 Jul 2009 00:00:00 +0530 Fri, 29 Jan 2010 12:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34269 The High Court held that the proceedings initiated under Section 147 of the Income Tax Act, 1961 were valid, despite the notice being issued under Section 147 instead of Section 143(2). The court emphasized that there was no bar for the Assessing Officer to proceed under Section 143(2) and that the assessment was not vitiated by the notice discrepancy. The court allowed the appeal, overturning the decisions of the CIT(A) and the Tribunal, and remanded the case for further consideration on merits. Case-Laws Income Tax Tue, 21 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34269