{"id":934,"date":"2009-09-11T08:53:04","date_gmt":"2009-09-11T08:53:04","guid":{"rendered":"http:\/\/itatonline.org\/archives\/?p=934"},"modified":"2009-09-11T08:53:04","modified_gmt":"2009-09-11T08:53:04","slug":"cit-vs-mudra-nanavati-bombay-high-court","status":"publish","type":"post","link":"https:\/\/itatonline.org\/archives\/cit-vs-mudra-nanavati-bombay-high-court\/","title":{"rendered":"CIT vs. Mudra Nanavati (Bombay High Court)"},"content":{"rendered":"\n\n
Click here to download the judgement (mudra_nanavati_high_court_supreme_appar_158BC.pdf) <\/strong> <\/a><\/p><\/td>\n<\/tr>\n<\/table>\n

Non \/ belated issue of s. 143 (2) notice renders block assmt order void <\/strong><\/p>\n

S. 158BC<\/a> provides that in determining the undisclosed income, the provisions of s. 143 (2)<\/a> shall apply \u201cso far as may be\u201d. S. 143 (2) provides that a notice shall not be issued after the expiry of 12 months from the end of the month in which the return is furnished. The question arose whether the non-issue or belated issue of s. 143 (2) notice renders the block assessment order ab initio void. In Mudra Nanavati<\/a><\/strong>, the Tribunal held that the issue of the s. 143 (2) notice within the stipulated period was mandatory and that failure to do so renders the block assessment order void<\/strong>. This decision has been approved by the High Court following Scindia HUF<\/a><\/strong> where it was held that non-issue of s. 16 (2) notice of the W. T. Act rendered the s. 17 order invalid. <\/p>\n

\nSee Also: The decision of the Tribunal in Supreme Appar<\/strong> (included in the file) & Jayprakash Mangtani<\/strong> 22 DTR 320 (Ahd.) <\/div>\n
\nNote: The Special Bench<\/strong> has taken a contrary view in Nawal Kishore & Sons<\/strong> 87 ITD 407 (Lucknow) (SB) which was not followed<\/strong> after discussion in Aurangabad Holiday Resorts<\/a><\/strong> 118 ITD 1 (Pune) <\/div>\n
\nSee Also: Kuber Tobacco Products<\/a><\/strong> 18 DTR 1 (Del.) (SB): S. 292BB<\/a> inserted by the F. A 2008, w.e.f. 1.4.2008 has no retrospective operation <\/div>\n","protected":false},"excerpt":{"rendered":"

S. 158BC<\/a> provides that in determining the undisclosed income, the provisions of s. 143 (2)<\/a> shall apply \u201cso far as may be\u201d. S. 143 (2) provides that a notice shall not be issued after the expiry of 12 months from the end of the month in which the return is furnished. The question arose whether the non-issue or belated issue of s. 143 (2) notice renders the block assessment order ab initio void. In Mudra Nanavati<\/a><\/strong>, the Tribunal held that the issue of the s. 143 (2) notice within the stipulated period was mandatory and that failure to do so renders the block assessment order void. This decision has been approved by the High Court following Scindia HUF<\/a><\/strong> where it was held that non-issue of s. 16 (2) of the W. T. Act notice rendered the s. 17 order invalid. <\/p>\n

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