https://www.taxtmi.com/caselaws?id=461969 ITAT Kolkata held that a notice issued under section 143(2) dated 9th August 2017 was invalid as it did not conform to the mandatory format prescribed in CBDT Instruction dated 23.06.2017. The tribunal relied on the SC decision in UCO Bank case, which established that CBDT circulars issued under section 119 are binding on tax authorities. Since the notice was defective, the entire assessment proceedings were rendered invalid. The assessee's ground challenging the assessment was allowed, and the assessment was quashed due to the procedural non-compliance with mandatory CBDT instructions. en-us Fri, 29 Nov 2024 00:00:00 +0530 Mon, 12 May 2025 09:00:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461969 ITAT Kolkata held that a notice issued under section 143(2) dated 9th August 2017 was invalid as it did not conform to the mandatory format prescribed in CBDT Instruction dated 23.06.2017. The tribunal relied on the SC decision in UCO Bank case, which established that CBDT circulars issued under section 119 are binding on tax authorities. Since the notice was defective, the entire assessment proceedings were rendered invalid. The assessee's ground challenging the assessment was allowed, and the assessment was quashed due to the procedural non-compliance with mandatory CBDT instructions. Case-Laws Income Tax Fri, 29 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461969