No section 148 Notice can be Issued before expiry of Period For Issuing Section 143(2) Notice

Uttrakhand Poorv Sainik Kalyan Nigam Ltd. Vs ITO (ITAT Dehradun) Recently the Circuit Bench Of Dehradun Income Tax Appellate Tribunal passed an judgement in the above case examining the validity of assumption of jurisdiction by Ld. AO. The central point of discussion was whether AO was right in issuing notice u/s 148 to the assessee even when the due date for filing the return of income is available in terms of section 139(4). Issue:- Assessee is a company who’s main motive is to provide employment to ex- serviceman and their dependencies for their welfare and thus claiming exemption u/s...