https://www.taxtmi.com/caselaws?id=765339 The ITAT Kolkata held that assessment proceedings were invalid due to non-issuance of notice under section 143(2) by the jurisdictionally competent Assessing Officer. Following the SC precedent in ACIT vs. Hotel Blue Moon, the tribunal ruled that section 143(2) notice is mandatory to assume jurisdiction for assessment proceedings. Since the AO with pecuniary jurisdiction failed to issue the required notice, the entire assessment was deemed bad in law and decided in favor of the assessee. en-us Mon, 27 Jan 2025 00:00:00 +0530 Thu, 30 Jan 2025 08:24:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765339 The ITAT Kolkata held that assessment proceedings were invalid due to non-issuance of notice under section 143(2) by the jurisdictionally competent Assessing Officer. Following the SC precedent in ACIT vs. Hotel Blue Moon, the tribunal ruled that section 143(2) notice is mandatory to assume jurisdiction for assessment proceedings. Since the AO with pecuniary jurisdiction failed to issue the required notice, the entire assessment was deemed bad in law and decided in favor of the assessee. Case-Laws Income Tax Mon, 27 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765339