Re-Assessment proceeding under section 147 is Invalid In absence of valid Service of Notice: ITAT [Read Order]

Re-Assessment proceeding - service of notice - ITAT - taxscan

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT)has held that the re-assessment proceeding under section 147 is invalid in absence of valid service of notice. Smt. Shashi Kanta, the assessee is a resident individual. Upon receiving information that the assessee along with another person has sold an immovable property for a consideration of…

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