ITAT Quashes Assessment Order as Notice u/s 143(2) Sent to Wrong Address

The Income Tax Appellate Tribunal (ITAT) quashed an assessment order after finding that the notice under Section 143(2) of the Income Tax Act was sent to the wrong address of the assessee. The ITAT emphasized the fundamental principle of natural justice, which requires that proper notice must be served on the assessee to enable them to participate in the assessment proceedings. Sending the notice to an incorrect address deprived the assessee of this opportunity, rendering the subsequent assessment order invalid. This decision highlights the importance of accurate record-keeping by the tax department and ensures that taxpayers are duly informed about any assessment proceedings initiated against them.