ITAT Ahmedabad Quashes Reassessment Because Notice u/s 143(2) Was Not Served

Pravinbhai Jethabhai Patel Vs ITO (ITAT Ahmedabad) The Income Tax Appellate Tribunal (ITAT), Ahmedabad, has allowed the appeal of Pravinbhai Jethabhai Patel, quashing a reassessment order that had added Rs. 36,29,000 to his income. The tribunal’s decision was not based on the merits of the addition itself but on a procedural lapse by the Income Tax Department. The ITAT ruled that the entire reassessment proceeding was invalid because the Assessing Officer (AO) failed to serve a mandatory notice under Section 143(2) of the Income-tax Act, 1961. The case originated from the Assessment Year...