https://www.taxtmi.com/caselaws?id=792825 The first appellate authority could set aside an ex parte assessment for denovo adjudication where additional documents such as ledgers, invoices, gate passes, weighment slips and bank records required fresh verification; the remand was treated as a proper exercise of co-terminus appellate powers, so the Revenue's challenge failed. A reassessment was also held unsustainable because no notice under section 143(2) had been issued; that notice is mandatory for validity, and section 292BB cures only defects in service, not complete non-issuance. The reassessment was invalid and the addition was deleted in favour of the assessee. en-us Thu, 14 May 2026 00:00:00 +0530 Thu, 04 Jun 2026 08:37:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792825 The first appellate authority could set aside an ex parte assessment for denovo adjudication where additional documents such as ledgers, invoices, gate passes, weighment slips and bank records required fresh verification; the remand was treated as a proper exercise of co-terminus appellate powers, so the Revenue's challenge failed. A reassessment was also held unsustainable because no notice under section 143(2) had been issued; that notice is mandatory for validity, and section 292BB cures only defects in service, not complete non-issuance. The reassessment was invalid and the addition was deleted in favour of the assessee. Case-Laws Income Tax Thu, 14 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792825