Lack of fresh notice under Section 143(2) after revised return invalidates assessment proceedings
Lack of fresh notice under Section 143(2) after revised return invalidates assessment proceedings Issue Whether an assessment framed without issuing a fresh notice under Section 143(2) after filing a valid revised return under Section 139(5) is without jurisdiction and saved by Section 292BB. Whether depreciation is allowable on the opening written-down value (WDV) of a… Read More »