The assessee is a non -resident. An assessment order was passed under section 144 read with section 147 in case of assessee making an addition by treating cash deposit of certain amount as unexplained cash deposit under section 69A. Assessee filed revision application under section 264 praying for setting aside of assessment order contending that no notice under section 148 or section 142(2) was served upon assessee, and thus, entire reassessment proceedings were without jurisdiction in absence of valid service of notice. Revision application was\u00a0\u00a0 rejected. On writ\u00a0 it was contened\u00a0 that notice under section 148 was never served upon assessee.\u00a0 Even notice under section 142(1) was also not served and assessee came to know about passing of assessment order only when bank accounts were put under lien for recovery proceedings. Court held that when notice under section 148 was never served upon assessee, Assessing Officer could not have assumed jurisdiction. Accordingly the\u00a0 order passed under section 264 was\u00a0 quashed and set aside and matter was to be remanded to Commissioner to pass a fresh order\u00a0 after considering facts of case and submissions of assessee that assessment order was passed on basis of notice never served.(AY. 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 264 :Commissioner-Revision of other orders-Unexplained money-Non -Resident-Cash deposit in bank-Non -service of notice-Order passed under section 264 was quashed and set aside and matter was to be remanded to Commissioner to pass a fresh order after considering facts of case and submissions of assessee that assessment order was passed on basis of notice never served.[S. 69A, 144, 147, 148, Art. 226]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-59123","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fnB","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=59123"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59123\/revisions"}],"predecessor-version":[{"id":59124,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59123\/revisions\/59124"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=59123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=59123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=59123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}