TMI BlogRegular/Scrutiny Assessment - Section 143(2)/143(3)X X X X Extracts X X X X X X X X Extracts X X X X ..... Serve a notice on the assessee u/s 143(2) requiring him to attend his office or produce or cause to be produced any evidence on which the assessee may rely in support of the return on a date to be specified in the notice. However, no notice u/s 143(2) shall be served on the assessee after the expiry of 3 months from the end of the financial year in which the return is furnished. [Reduced to 3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . Pvt. Ltd.} Issuance of jurisdictional notice assessment order thereafter passed in name of non existing company i.e. amalgamating company having ceased to exist as a result of approved amalgamation scheme is a substantive illegality, has to be set aside. {PCIT vs Maruti Suzuki India Ltd. (2019) (SC)} Limitation for issue of notice has to be from the date of filing of original ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that the notice was - a) not served upon him; or b) not served upon him in time; or c) served upon him in an improper manner. however, nothing contained in this section shall apply where the assessee has raised such objection before the completion of such assessment or reassessment. Consequences of failure to comply with notice u/s 143(2) The cons ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion 143(3) disallow the rescinded the notification withdrawing the exemption. The Assessing Officer shall inform the Government/ prescribed authority about the contraventions made by such institutions and the Government/ prescribed authority shall withdraw the exemption by rescinding the notification. Where the AO is satisfied that any Institution or trust referred u/s 10(2 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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