Reassessment proceeding against BCCI quashed due to failure of issuance of Notice

DCIT Vs Board of Cricket Control in India (ITAT Mumbai) Deputy Commissioner of Income Tax has challenged correctness of the order dated January 09, 2019 passed by CIT(A) quashing the reassessment order passed by the Appellant without issuance of notice under Section 143(2) of the Income Tax Act, 1961 (IT Act), for the assessment year 2008-09. The Hon’ble bench of Income Tax Appellate Tribunal, Mumbai recalling and relying on its previous decision against the same Respondent held the reassessment order cannot be complied with since issuance and service of notice is a “foundational requireme...