https://www.taxtmi.com/caselaws?id=466351 Issuance of the statutory notice under section 143(2) is mandatory for valid reassessment; absence of that notice defeats subsequent assessment under section 143(3) read with section 147, because the defect cannot be cured by the curative provision. The reasoning follows Supreme Court and High Court precedents rejecting that the 143(2) notice is a mere procedural formality; ITAT relied on Ahmedabad bench authority to hold assessments void where the prescribed notice was not issued within the statutory timeframe. Consequence: reassessments framed without the statutory notice are unsustainable and the assessee's ground succeeds. en-us Fri, 28 Feb 2025 00:00:00 +0530 Mon, 02 Feb 2026 20:17:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466351 Issuance of the statutory notice under section 143(2) is mandatory for valid reassessment; absence of that notice defeats subsequent assessment under section 143(3) read with section 147, because the defect cannot be cured by the curative provision. The reasoning follows Supreme Court and High Court precedents rejecting that the 143(2) notice is a mere procedural formality; ITAT relied on Ahmedabad bench authority to hold assessments void where the prescribed notice was not issued within the statutory timeframe. Consequence: reassessments framed without the statutory notice are unsustainable and the assessee's ground succeeds. Case-Laws Income Tax Fri, 28 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466351