Non-service of statutory notice prior to initiation of proceedings u/s. 148 not tenable: Matter remitted

Sunil Kumar Sahoo Vs DCIT (Orissa High Court) Orissa High Court held that assessment order set aside as proceedings under section 148 of the Income Tax Act initiated without serving of statutory notice. Accordingly, matter remitted back to AO to serve notice u/s. 148 as not hit by limitation u/s. 149. Facts- The petitioner filed return of income for the assessment year 2012-13 on 05.04.2013 under the Income Tax Act, 1961 declaring total income at Rs.22,26,000/-. Notably, the Deputy Commissioner of Income Tax without causing any independent inquiry with respect to information received vide Let...