In Brief
The Supreme Court held that when the Assessing Officer issues a notice under Section 143(2) of the Income Tax Act, 1961 to the address listed in the PAN database within the prescribed time limit, this constitutes valid and sufficient compliance, even if the assessee had changed its actual address without formally notifying the Officer or updating the database. The assessment order is not rendered invalid merely because actual service occurred late. The Court found that the assessee failed to prove it had intimated the change of address to the Assessing Officer. The matter was remanded to the CIT(Appeals) to decide the appeal on other merits."
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