https://www.taxtmi.com/caselaws?id=57194 The Tribunal upheld the CIT(A)'s decision to cancel the assessment made by the ITO for the assessment year 1976-77 after an invalid notice under s. 148 of the IT Act, 1961. Despite discrepancies in the assessment year mentioned in the return, the Tribunal found the ITO's reliance on technicalities unjustified and emphasized the need for clarification with the assessee as per s. 292B of the Act. The Tribunal dismissed the Revenue's appeal, concluding that the assessment based on the invalid notice was annulled. en-us Mon, 22 Dec 1986 00:00:00 +0530 Wed, 08 Dec 2010 18:11:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57194 The Tribunal upheld the CIT(A)'s decision to cancel the assessment made by the ITO for the assessment year 1976-77 after an invalid notice under s. 148 of the IT Act, 1961. Despite discrepancies in the assessment year mentioned in the return, the Tribunal found the ITO's reliance on technicalities unjustified and emphasized the need for clarification with the assessee as per s. 292B of the Act. The Tribunal dismissed the Revenue's appeal, concluding that the assessment based on the invalid notice was annulled. Case-Laws Income Tax Mon, 22 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57194