https://www.taxtmi.com/caselaws?id=753181 The ITAT Amritsar held that a reassessment order under section 147 was invalid due to the absence of mandatory statutory notice under section 143(2). The tribunal ruled that non-issuance of section 143(2) notice constitutes an incurable defect that invalidates the entire assessment proceedings, as it affects the basic foundation required for assuming jurisdiction. Relying on SC precedents in Hotel Blue Moon and Laxman Das Khandelwal cases, the tribunal decided in favor of the assessee, declaring the assessment order invalid. en-us Tue, 14 May 2024 00:00:00 +0530 Wed, 04 Dec 2024 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753181 The ITAT Amritsar held that a reassessment order under section 147 was invalid due to the absence of mandatory statutory notice under section 143(2). The tribunal ruled that non-issuance of section 143(2) notice constitutes an incurable defect that invalidates the entire assessment proceedings, as it affects the basic foundation required for assuming jurisdiction. Relying on SC precedents in Hotel Blue Moon and Laxman Das Khandelwal cases, the tribunal decided in favor of the assessee, declaring the assessment order invalid. Case-Laws Income Tax Tue, 14 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753181