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2015 (6) TMI 843 - AT - Income TaxValidity of assessment u/s 143 - whether notice u/s 143(2) having been served beyond the limitation period? - Held that:- Since notice under section 143(2) of the Act was not validly issued upon the assessee within the prescribed period, the Assessing Officer could not assume jurisdiction to frame the assessment under section 143(3) of the Act. Therefore, the assessment framed consequent to the invalid assumption of jurisdiction is not sustainable in the eyes of law. We accordingly annul the assessment and delete the additions made by the Assessing Officer - Decided in favour of assessee.
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