Income Tax : Tribunal held that an assessment is void when the competent officer does not issue the mandatory notice. Jurisdiction cannot arise...
Income Tax : Understand the three core processes of Indian Income Tax: Rectification of mistakes (Sec 154), the four types of Assessment (Summa...
Income Tax : The Tribunal held the assessment invalid as no mandatory notice under Section 143(2) was issued. The key takeaway is that absence ...
Income Tax : ITAT held that reassessment without issuing notice under Section 143(2) is invalid, even if return was filed late. The ruling emph...
Income Tax : Despite disputes over agricultural income additions, the Tribunal focused on the legality of the proceedings. It held that issuing...
Income Tax : The Tribunal ruled that reassessment proceedings initiated against a dead person are void in law. A valid notice must be issued to...
Income Tax : While deleting the interest disallowance on merits, the Tribunal remanded the brought-forward loss issue for limited verification....
In the case of Classic Display Systems Pvt Ltd vs. ITO, the ITAT Delhi quashed the reassessment order as the AO failed to issue notice u/s 143(2) before finalizing the reassessment.
