https://www.taxtmi.com/caselaws?id=764110 The court held that the assessment proceedings were null and void due to the improper service of notice under section 148 of the Income Tax Act, 1961. The notice was incorrectly addressed and returned unserved, leading to a lack of jurisdiction. Consequently, the reassessment order under sections 144/147 was deemed invalid. The court emphasized that proper service of notice is a jurisdictional prerequisite for reassessment proceedings. The appeal was allowed, and the assessment order was quashed. en-us Tue, 31 Dec 2024 00:00:00 +0530 Thu, 02 Jan 2025 09:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764110 The court held that the assessment proceedings were null and void due to the improper service of notice under section 148 of the Income Tax Act, 1961. The notice was incorrectly addressed and returned unserved, leading to a lack of jurisdiction. Consequently, the reassessment order under sections 144/147 was deemed invalid. The court emphasized that proper service of notice is a jurisdictional prerequisite for reassessment proceedings. The appeal was allowed, and the assessment order was quashed. Case-Laws Income Tax Tue, 31 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764110