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2004 (9) TMI 84 - HC - Income TaxReassessment – notice - reasons were not recorded before issuing notice under section 148 but were recorded after notices have been issued and served on the assessee by ante-dating the same. - The recording of reasons before issuing notice under section 148 being a mandatory requirement for assuming jurisdiction, the Tribunal was right in holding that the reassessment proceedings have been initiated without jurisdiction in breach of the mandatory requirement and cannot fructify in valid assessment orders. – Revnue’s appeal against tribunal’s decision is dismissed
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