https://www.taxtmi.com/caselaws?id=796690 A notice under Section 143(2) in reassessment proceedings following Section 148 is required only where the Assessing Officer considers verification of income, loss or tax liability necessary or expedient. A return filed in response to reopening is treated as a Section 139 return, and participation in reassessment may invoke the deemed-service rule under Section 292BB. A business-loss disallowance may be examined where it directly relates to the income forming the recorded basis for reopening; the factual validity of the write-off remains examinable through the statutory appellate process. en-us Tue, 07 Jul 2026 00:00:00 +0530 Sat, 08 Aug 2026 08:32:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796690 A notice under Section 143(2) in reassessment proceedings following Section 148 is required only where the Assessing Officer considers verification of income, loss or tax liability necessary or expedient. A return filed in response to reopening is treated as a Section 139 return, and participation in reassessment may invoke the deemed-service rule under Section 292BB. A business-loss disallowance may be examined where it directly relates to the income forming the recorded basis for reopening; the factual validity of the write-off remains examinable through the statutory appellate process. Case-Laws Income Tax Tue, 07 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796690