Issuance of notice u/s 143(2) is mandatory and non-compliance of the same will result in nullifying the assessment orders

Issuance of notice u/s 143(2) is mandatory and non-compliance of the same will result in nullifying the assessment orders https://www.taxtmi.com/article/detailed?id=12256 Issuance of a notice under section 143(2) is mandatory and absence of that notice before finalizing reassessment renders the assessment liable to be nullified. The Assessing Officer must record and dispose of objections through a speaking order before completing reassessment. While an estoppel provision treats appearance or cooperation as deemed service of notices and can bar objections, that protection requires proof of notice or conduct falling within the estoppel provision and is inapplicable where no notice record exists. en-us Sat, 27 Jan 2024 10:01:15 +0530 Sat, 27 Jan 2024 10:01:15 +0530 TaxTMI RSS Generator Issuance of notice u/s 143(2) is mandatory and non-compliance of the same will result in nullifying the assessment orders https://www.taxtmi.com/article/detailed?id=12256 Issuance of a notice under section 143(2) is mandatory and absence of that notice before finalizing reassessment renders the assessment liable to be nullified. The Assessing Officer must record and dispose of objections through a speaking order before completing reassessment. While an estoppel provision treats appearance or cooperation as deemed service of notices and can bar objections, that protection requires proof of notice or conduct falling within the estoppel provision and is inapplicable where no notice record exists. Articles Income Tax Sat, 27 Jan 2024 10:01:15 +0530 https://www.taxtmi.com/article/detailed?id=12256