Allowing the appeal of the assessee, the Tribunal held that when the AO had issued a notice u/s 153C to which the assessee had complied with. Thereafter the AO did not continue with the proceedings u/s 153C. Subsequently the AO issued a notice u/s 148, which was held to be bad in law. (ITA No.3275/Mum/2015 & 3276/Mum/2015) (.Y. 2003-04 , 2005-06)
Rayoman Carriers Pvt. Ltd. v. ACIT (Mum) (Trib.) www.itat.nic
S.147 : Reassessment – Income of any other person – Issue of notice u/s 153C and did not continue with proceedings , again issuing a notice u/s 148 is held to be bad in law [S.148, S.153C]