ITAT Quashes Reassessment Order Due to Lack of Section 143(2) Notice

D.C.I.T. Vs Specific Ceramics Ltd. (ITAT Ahmedabad) In the case of D.C.I.T. vs Specific Ceramics Ltd., the Income Tax Appellate Tribunal (ITAT) Ahmedabad dealt with the validity of a reassessment order passed under Sections 143(3) and Section 147 of the Income Tax Act for the assessment year 2008-2009. The primary issue raised was whether the reassessment was valid, given the absence of a statutory notice under Section 143(2), which is mandatory for initiating a reassessment process. The assessee argued that since this notice was not served, the entire assessment was invalid. The Commissioner ...