https://www.taxtmi.com/caselaws?id=782206 ITAT allowed the assessee's appeal and quashed the reassessment as void ab initio. The AO had completed reassessment after taking cognizance of a belated return but failed to issue mandatory notice under s.143(2). Relying on SC rulings in Hotel Blue Moon and Laxman Das Khandelwal, ITAT held that issuance of notice under s.143(2) is mandatory and its complete absence is a jurisdictional defect not curable under s.292BB, which only cures defects in service, not non-issuance. Consequently, the addition on account of unexplained gift was annulled. en-us Wed, 19 Nov 2025 00:00:00 +0530 Wed, 26 Nov 2025 08:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782206 ITAT allowed the assessee's appeal and quashed the reassessment as void ab initio. The AO had completed reassessment after taking cognizance of a belated return but failed to issue mandatory notice under s.143(2). Relying on SC rulings in Hotel Blue Moon and Laxman Das Khandelwal, ITAT held that issuance of notice under s.143(2) is mandatory and its complete absence is a jurisdictional defect not curable under s.292BB, which only cures defects in service, not non-issuance. Consequently, the addition on account of unexplained gift was annulled. Case-Laws Income Tax Wed, 19 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782206