The Income Tax Appellate Tribunal (ITAT), Visakhapatnam Bench has held that the reassessment proceedings were vitiated due to failure of the Assessing Officer to issue a valid notice under section 143(2) within the prescribed time limit, thereby rendering the assumption of jurisdiction invalid. The bench of Ravish Sood (Judicial Member) and Omkareshwar Chidara (Accountant Member)…
Membership Required
Already a member? Log in here
