Section 292BB Income Tax Act Does Not Save Complete Absence Of Notice, Holds Supreme Court [Read Judgment]

The Supreme Court has observed that Section 292BB of the Income Tax Act applies only to cure the infirmities in the manner of service of notice of assessment/reassessment, but not intended to cure complete absence of notice itself.In this case [Commissioner Of Income Tax vs. Laxman Das Khandelwal], the High Court had held that since the issue of notice u/s 143(2) of the Income Tax for...