2016 (11) TMI 1677

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....der of CIT(A)Cuttack, dated 23.2.2015, for the assessment year 2007-08 . 2. In Ground Nos.2 & 3 of the appeal, the assessee has challenged the jurisdiction of the Assessing officer to issue notice u/s.148 of the Act when time for issuance of notice u/s.143(2) of the Act has not expired before the issuance of notice u/s.148 of the Act. 3. Brief facts of the case are that the assessee filed re....

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....this proposition, he relied on the decision of Hon'ble Madras High Court in the case of CIT vs. Qayalys Software Technologies Ltd., (2009) 308 ITR 249 (Mad), wherein, it was held that the Tribunal was right in coming to the conclusion that the Assessing Officer was barred from initiating reassessment proceedings under section 147 when the time for issuance of notice under section 143(2) had not ex....

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....e, no notice u/s.143(2)(ii) shall be served on the assessee after the expiry of 12 months from the end of the month in which the return is furnished. In the present case, the return of income was furnished by the assessee on 14.2.2008 and, therefore, notice u/s.143(2) (ii) of the Act could have been issued to the assessee on or before 28.2.2009. It is also not in dispute that notice u/s.148 of the....