ITAT Quashes Reassessment Order for Failure to Issue Notice u/s 143(2)

Classic Display Systems Pvt Ltd Vs ITO (ITAT Delhi) Classic Display Systems Pvt Ltd filed an appeal against the order of the CIT(A) in relation to the assessment year 2004-05. The main issue in the appeal was the validity of the reassessment order, as the AO failed to issue a notice u/s 143(2) of the Income Tax Act. The ld counsel of the assessee argued that the AO did not issue the notice u/s 143(2) even after the assessee informed the AO about the return filed in response to the notice u/s 148. The ld Sr. DR, on the other hand, contended that such defects are curable under section 292BB of t...