https://www.taxtmi.com/caselaws?id=763592 The court concluded that the notice issued for reopening the assessment for A.Y. 2013-14, based on income below Rs. 50,00,000/-, was contrary to law. Consequently, the directions of the Dispute Resolution Panel and the assessment order were deemed illegal and set aside. The absence of a notice under section 143(2) further invalidated the assessment order. As a result, the appeal filed by the assessee was allowed, and the assessment order under section 147 read with section 144 was declared void. en-us Fri, 20 Dec 2024 00:00:00 +0530 Mon, 23 Dec 2024 08:43:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763592 The court concluded that the notice issued for reopening the assessment for A.Y. 2013-14, based on income below Rs. 50,00,000/-, was contrary to law. Consequently, the directions of the Dispute Resolution Panel and the assessment order were deemed illegal and set aside. The absence of a notice under section 143(2) further invalidated the assessment order. As a result, the appeal filed by the assessee was allowed, and the assessment order under section 147 read with section 144 was declared void. Case-Laws Income Tax Fri, 20 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763592