https://www.taxtmi.com/caselaws?id=752247 The HC set aside the impugned reassessment order under s. 147/148 of the Income Tax Act, 1961, due to improper service of notice to a non-existent entity. The court emphasized the necessity of valid notice service for jurisdiction. It directed the petitioner to file objections within three weeks, ensuring a personal hearing, while allowing the assessing authority to reconsider the issue of the non-existent entity independently. The court dismissed the suggestion of pursuing an appeal, citing the appeal authority's limited powers under s. 251(1)(a). Failure to comply with the court's directive would permit the assessing authority to proceed lawfully. en-us Tue, 30 Apr 2024 00:00:00 +0530 Sat, 04 May 2024 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752247 The HC set aside the impugned reassessment order under s. 147/148 of the Income Tax Act, 1961, due to improper service of notice to a non-existent entity. The court emphasized the necessity of valid notice service for jurisdiction. It directed the petitioner to file objections within three weeks, ensuring a personal hearing, while allowing the assessing authority to reconsider the issue of the non-existent entity independently. The court dismissed the suggestion of pursuing an appeal, citing the appeal authority's limited powers under s. 251(1)(a). Failure to comply with the court's directive would permit the assessing authority to proceed lawfully. Case-Laws Income Tax Tue, 30 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752247