Assessment is liable to be quashed in absence of issuance of notice u/s 143 (2)

Issue before Tribunal:

Whether assessing officer assigns jurisdiction to frame an assessment u/s 147 when no notice u/s 143 (2) was issued?

Brief facts:

• Proceedings u/s 147/148 of the Act were initiated by the AO after recording the reasons and the notice u/s 148 of the Act dated 06.03.2013 was issued and duly served in the office of CEO, Noida Authority on 12.03.2013. As per the said notice the assessee was required to file its return of income within 30 days from the date of the service of the notice.

Please become a Premium member. If you are already a Premium member, login here to access the full content.