https://www.taxtmi.com/caselaws?id=459235 The ITAT Nagpur held that reassessment proceedings were invalid due to non-issuance of notice u/s 143(2). The tribunal ruled that when an AO seeks to reject any part of the return or makes contrary assessment orders, notice u/s 143(2) is mandatory, even during reassessment proceedings. Following precedents from SC and Calcutta HC, the tribunal determined this omission constitutes more than a procedural irregularity and cannot be cured under s 292BB. The reassessment order passed u/s 147 without proper notice was declared void ab initio, with the case decided in favor of the assessee. en-us Fri, 26 Oct 2018 00:00:00 +0530 Thu, 05 Dec 2024 21:12:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459235 The ITAT Nagpur held that reassessment proceedings were invalid due to non-issuance of notice u/s 143(2). The tribunal ruled that when an AO seeks to reject any part of the return or makes contrary assessment orders, notice u/s 143(2) is mandatory, even during reassessment proceedings. Following precedents from SC and Calcutta HC, the tribunal determined this omission constitutes more than a procedural irregularity and cannot be cured under s 292BB. The reassessment order passed u/s 147 without proper notice was declared void ab initio, with the case decided in favor of the assessee. Case-Laws Income Tax Fri, 26 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459235