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2012 (8) TMI 664 - AT - Income TaxBlock assessment - addition on account of on-money received in sale of flats which was not reflected in books of accounts – Held that:- Assessment order that the assessee filed the return of income in response to the notice u/s.158BD on 24.07.2005 - block ending on 26.03.2003 the AO was bound to serve the notice u/s.143(2) on or before 31.07.2006. The AO issued the notice under sec. 143(2) of the Act dated 30.03.2007 which is admittedly not within the time limit fixed by the proviso to sec.143(2) of the Act - in favour of the assessee
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