Late Return Filed after Sec 142(1) Notice Held Invalid; No 143(2) Notice Required When Return is Invalid

Genius Money Changer Vs ITO (ITAT Delhi) Late Return Filed after Sec 142(1) Notice Held Invalid; No 143(2) Notice Required When Return is Invalid; ITAT Restores Sec 69A Addition to AO The Tribunal ruled that a belated return filed beyond the statutory timeline in response to Section 142(1) is invalid, justifying best judgment assessment under Section 144. ITAT clarified that when a return filed is invalid under law, there is no requirement for notice under Section 143(2). The best judgment assessment under Section 144 was upheld, while addition of ₹52.34 under Section 69A was sent back to A...