https://www.taxtmi.com/caselaws?id=772669 In reassessment proceedings, absence of service of the mandatory notice under section 143(2) vitiated the assessment because the record showed only notice under section 148 for the relevant year, and no proof of the required notice for that assessment year. The reassessment was therefore quashed. Penalty under section 271(1)(c) also could not survive because it was founded entirely on the quashed assessment and had no independent basis. The penalty order and the appellate order confirming it were accordingly set aside, granting partial relief to the assessee. en-us Wed, 09 Apr 2025 00:00:00 +0530 Thu, 12 Jun 2025 07:21:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772669 In reassessment proceedings, absence of service of the mandatory notice under section 143(2) vitiated the assessment because the record showed only notice under section 148 for the relevant year, and no proof of the required notice for that assessment year. The reassessment was therefore quashed. Penalty under section 271(1)(c) also could not survive because it was founded entirely on the quashed assessment and had no independent basis. The penalty order and the appellate order confirming it were accordingly set aside, granting partial relief to the assessee. Case-Laws Income Tax Wed, 09 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772669