Assessment void if section 143(2) jurisdictional notice was issued beyond prescribed time limit

Aark Infosoft Private Limited Vs ACIT (ITAT Ahmedabad)

The case of Aark Infosoft Private Limited vs. ACIT (ITAT Ahmedabad) revolves around the validity of an assessment order due to a delay in issuing a jurisdictional notice under Section 143(2) of the Income Tax Act. The appellant challenges the assessment, citing procedural irregularities.

The appellant raises legal grounds, arguing that the assessment is invalid because the notice under Section 143(2) was issued beyond the prescribed time limit. The dispute centers on the interpretation of Section 139(9) of the Act, which deals with defective returns.

The appellant contends that the notice should have been issued within the time frame stipulated from the date of filing the return, not from the date of defect rectification. The appellant relies on legal precedents and the language of the relevant statutory provisions to support their argument.

In contrast, the Revenue argues that the notice was issued within the limitation prescribed, considering the date of defect rectification. They cite relevant case law and provisions of the Act to counter the appellant’s claim.

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