https://www.taxtmi.com/caselaws?id=791260 A belated return filed after reassessment proceedings had already begun did not make the assessment invalid merely because notice under section 143(2) was not issued; the omission was not fatal where notice under section 148 had been issued and the assessment machinery was already in motion. The deletion of the addition for alleged understatement of export sales was upheld because the assessee's reconciliation, supported by invoices, shipping documents, DGFT details and debit notes, showed that part of the amount related to damaged goods and part to exports already accounted for in the earlier year, while the Revenue failed to prove that the entire turnover accrued in the year under consideration. en-us Mon, 04 May 2026 00:00:00 +0530 Fri, 08 May 2026 07:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791260 A belated return filed after reassessment proceedings had already begun did not make the assessment invalid merely because notice under section 143(2) was not issued; the omission was not fatal where notice under section 148 had been issued and the assessment machinery was already in motion. The deletion of the addition for alleged understatement of export sales was upheld because the assessee's reconciliation, supported by invoices, shipping documents, DGFT details and debit notes, showed that part of the amount related to damaged goods and part to exports already accounted for in the earlier year, while the Revenue failed to prove that the entire turnover accrued in the year under consideration. Case-Laws Income Tax Mon, 04 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791260