https://www.taxtmi.com/caselaws?id=311299 The HC upheld the Tribunal's decision to quash the scrutiny assessment proceedings under Section 143(3) of the Income Tax Act, 1961, due to an invalid notice issued under Section 143(2). The Tribunal found that the notice was issued by an authority lacking jurisdiction, rendering the proceedings invalid. The HC agreed that this defect was fundamental and incurable, affirming the Tribunal's view that a valid notice is essential for valid assessment proceedings. Consequently, the HC dismissed the revenue's appeal, answering the substantial questions of law against the revenue. en-us Wed, 15 Mar 2023 00:00:00 +0530 Thu, 24 Oct 2024 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311299 The HC upheld the Tribunal's decision to quash the scrutiny assessment proceedings under Section 143(3) of the Income Tax Act, 1961, due to an invalid notice issued under Section 143(2). The Tribunal found that the notice was issued by an authority lacking jurisdiction, rendering the proceedings invalid. The HC agreed that this defect was fundamental and incurable, affirming the Tribunal's view that a valid notice is essential for valid assessment proceedings. Consequently, the HC dismissed the revenue's appeal, answering the substantial questions of law against the revenue. Case-Laws Income Tax Wed, 15 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311299