Reassessment invalid if notice section 148 was not properly served

Girirajkripa Developers Pvt. Ltd. Vs ITO (ITAT Jaipur) Conclusion: Reassessment proceedings finalized by AO was invalid as  AO had failed to bring on record any positive evidence to prove that the notice u/s 148 was properly served upon assessee. Held: AO initiated re-assessment proceedings by making an addition of Rs. 2,76,51,300/- on account of short-term capital gains. Assessee contended that there was no evidence of service of notice by AO and even AO had not mentioned the date of service of notice under section 148, therefore, reassessment was invalid.  It was held that department had ...