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2014 (7) TMI 220 - HC - Income TaxValidity of notice served u/s 143(2) – Time-barred notice - regular assessment / scrutiny assessment u/s 143(3) – Held that:- The Tribunal rightly held that the requirement of law is notice to be served - There is no deeming provision under the Act - It is because no acknowledgement was received after issuing of a notice, the authority himself has sent a second notice on 22.7.2005 – the notice is sent beyond the period of limitation, thus, time barred - the assessing authority had no jurisdiction to frame the assessment – the order of the Tribunal is upheld – Decided against Revenue.
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