Belated Return Under Section 148 Still Requires 143(2) Notice: ITAT Delhi

Nikita Kapoor Vs ITO (ITAT Delhi) Reassessment Quashed for Non-Issue of 143(2) – Belated Return in 148 Proceedings Still Requires Mandatory Notice The Delhi ITAT allowed the assessee’s appeal and quashed the entire reassessment for AY 2016-17 on the sole ground that no notice under Section 143(2) was issued after the assessee filed a return in response to notice under Section 148. The Tribunal held that even though the return was filed belatedly beyond the time mentioned in the 148 notice, once the return was filed before completion of assessment, it could not be treated as “non-est” a...