Section 143(2) Notice Mandatory for Valid Section 143(3) Assessment: ITAT Indore

Smt. Snigdha Jain Vs ACIT (Central)-2 (ITAT Indore) The case before the Income Tax Appellate Tribunal Indore involved four appeals filed against a consolidated order of the Commissioner of Income-tax (Appeals)-3, Bhopal, arising from a consolidated assessment order passed under Sections 153A read with 143(3) for Assessment Years (AYs) 2010–11, 2011–12 and 2012–13, and under Section 143(3) for AY 2014–15. The assessments were initiated following a search conducted on 28.02.2014 in the Doshi Group, which included the assessee. The assessee, engaged in money lending and partnership activi...