https://www.taxtmi.com/caselaws?id=789333 A return filed in response to notice under section 148 must be treated as a return under the Act, and reassessment machinery requires a valid notice under section 143(2). The notice is mandatory in reassessment proceedings and goes to the very jurisdiction to complete the assessment. A notice issued beyond the prescribed time limit is ineffective in law, and the defect is not cured by the assessee's participation or by section 292BB, which does not extend the statutory period for issuing a mandatory notice. The reassessment was therefore held invalid and liable to be quashed. en-us Wed, 18 Mar 2026 00:00:00 +0530 Tue, 07 Apr 2026 07:48:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789333 A return filed in response to notice under section 148 must be treated as a return under the Act, and reassessment machinery requires a valid notice under section 143(2). The notice is mandatory in reassessment proceedings and goes to the very jurisdiction to complete the assessment. A notice issued beyond the prescribed time limit is ineffective in law, and the defect is not cured by the assessee's participation or by section 292BB, which does not extend the statutory period for issuing a mandatory notice. The reassessment was therefore held invalid and liable to be quashed. Case-Laws Income Tax Wed, 18 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789333