Aasessment is invalid if no notice u/s 143(2) of is issued

Aasessment is invalid if no notice u/s 143(2) of is issued

 501 total views

Aasessment is invalid if no notice u/s 143(2) of is issued

Pr.CIT Vs Marck Biosciences Ltd
Whether assessment is invalid if no notice u/s 143(2) of the Act, is issued after the assessee filed the return of income – YES: HC
Whether the assessment order framed u/s 143(3) read with section 147 of the Act would be rendered invalid in the absence of a notice u/s 143(2) – YES: HC
Whether provisions of Sec 292BB will apply to case where no notice has been issued u/s 143(2) before completing assessment u/s 143(3) read with section 147 – NO: HC
Whether non-issuance of a notice u/s 143(2) is procedural irregularity and can be cured u/s 292BB – NO : HC
– Revenue’s appeal dismissed: GUJARAT HIGH COURT
R/Tax Appeal No.1374 of 2018

Leave a Comment

Your email address will not be published.

the taxtalk

online portal for tax news, update, judgment, article, circular, income tax, gst, notification Simplifying the tax and tax laws is the main motto of the team tax talk, solving