https://www.taxtmi.com/caselaws?id=312777 ITAT Cuttack held that reassessment orders under sections 143(3)/147 passed without issuing mandatory notice under section 143(2) are invalid. Following conflicting HC decisions, the tribunal applied the principle from Vegetable Products Ltd that decisions favoring the assessee should be followed when HCs have contrary views and none is the jurisdictional HC. The tribunal quashed the reassessment orders for both assessment years, allowing the assessee's appeal. en-us Fri, 21 Apr 2017 00:00:00 +0530 Wed, 06 Mar 2024 20:05:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312777 ITAT Cuttack held that reassessment orders under sections 143(3)/147 passed without issuing mandatory notice under section 143(2) are invalid. Following conflicting HC decisions, the tribunal applied the principle from Vegetable Products Ltd that decisions favoring the assessee should be followed when HCs have contrary views and none is the jurisdictional HC. The tribunal quashed the reassessment orders for both assessment years, allowing the assessee's appeal. Case-Laws Income Tax Fri, 21 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312777