Scope of Notice u/s 143(2)- Income Tax Act, 1961- SERVE vs ISSUE

Anupama Chand Vs DCIT (Telangana High Court) Core Issues : The principal controversy before the Telangana High Court in this batch of appeals was whether block assessment proceedings initiated under Section 158BD of the Income Tax Act, 1961 could survive when the notice under Section 143(2), though issued within the prescribed period, was admittedly served on the assessees beyond the statutory limitation. Ancillary issues relating to the validity of proceedings under Section 158BD, requirement of satisfaction, and limitation for completion of block assessment also arose, though the Court ul...