https://www.taxtmi.com/caselaws?id=458945 ITAT Delhi ruled that AO lacked valid jurisdiction to pass assessment order for A.Y. 2014-15. The tribunal held that since search was conducted on other person, AO was required to issue notice u/s 153C before initiating assessment proceedings, which was not done. Additionally, the notice u/s 143(2) issued on same date as receiving acknowledgment of return filing was invalid as AO had not examined the actual return. The assessment order and all subsequent proceedings were quashed as void-ab-initio for non-compliance with mandatory legal requirements. en-us Wed, 03 Aug 2022 00:00:00 +0530 Fri, 22 Nov 2024 19:15:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458945 ITAT Delhi ruled that AO lacked valid jurisdiction to pass assessment order for A.Y. 2014-15. The tribunal held that since search was conducted on other person, AO was required to issue notice u/s 153C before initiating assessment proceedings, which was not done. Additionally, the notice u/s 143(2) issued on same date as receiving acknowledgment of return filing was invalid as AO had not examined the actual return. The assessment order and all subsequent proceedings were quashed as void-ab-initio for non-compliance with mandatory legal requirements. Case-Laws Income Tax Wed, 03 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458945