https://www.taxtmi.com/caselaws?id=786021 The issue concerns whether a notice under Section 143(2) must be actually served to be valid when proceedings to determine undisclosed income for a block period are initiated under Section 158BD. The court held that the statutory expression 'served' refers to actual receipt by the assessee; mere issuance within the limitation period without service does not validate proceedings. Because the notice was served beyond the prescribed period, the noncompliance was held to be fundamental and noncurable, vitiating the assessment proceedings initiated for the block period. Decision rendered against the revenue. en-us Fri, 30 Jan 2026 00:00:00 +0530 Wed, 04 Feb 2026 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786021 The issue concerns whether a notice under Section 143(2) must be actually served to be valid when proceedings to determine undisclosed income for a block period are initiated under Section 158BD. The court held that the statutory expression 'served' refers to actual receipt by the assessee; mere issuance within the limitation period without service does not validate proceedings. Because the notice was served beyond the prescribed period, the noncompliance was held to be fundamental and noncurable, vitiating the assessment proceedings initiated for the block period. Decision rendered against the revenue. Case-Laws Income Tax Fri, 30 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786021