ITAT Chandigarh Quashes Sec 143(3) in Search Case; AO Must Act Under Sec 148; Revenue Appeal Dismissed

DCIT Vs Mani Ram Balwant Rai HUF Civil Lines (ITAT Chandigarh) ITAT Chandigarh Quashes Sec 143(3) Assessment in Search Case – AO Must Proceed Under Sec 148; Revenue Appeal Dismissed In DCIT vs Mani Ram Balwant Rai HUF (AY 2022-23), the ITAT Chandigarh dismissed the Revenue’s appeal and allowed the assessee’s cross-objection, holding that the assessment framed u/s 143(3) after a search was legally unsustainable. A search u/s 132 was conducted on 24.11.2022, yet the AO completed assessment under the regular scrutiny provision instead of invoking the special reassessment framework applicabl...