Jurisdictional sanction requirements bar reassessment when approval comes from an authority lacking statutory competence under the applicable framewor...
Recorded sales receipts cannot be reassessed as unexplained cash credits, eliminating the basis for consequential alleged commission expenditure addit...
Sufficient cause for delayed income-tax appeals requires bona fide diligence; unsubstantiated counsel illness and assessee inaction defeat condonation...
TNMM Segmentation Limits Transfer-Pricing Adjustments to Associated-Enterprise Transactions and Requires Turnover-Based Comparable Selection for IT Se...
Internal TNMM supports deletion of freight-forwarding adjustments where comparable non-AE transactions are separately identifiable and materially simi...
The ITAT Panaji Bench held that it lacked territorial jurisdiction over the appeals since the assessing officer's office was situated in Hubli, Dharwad District, Karnataka, outside the Panaji Bench's jurisdiction. Consequently, the appeals were dismissed in limine as not maintainable. The tribunal granted leave to the appellant to file the appeals before the appropriate ITAT bench vested with jurisdiction over the assessing officer's territorial area.
The ITAT Panaji Bench held that it lacked territorial jurisdiction over the appeals since the assessing officer's office was situated in Hubli, Dharwad District, Karnataka, outside the Panaji Bench's jurisdiction. Consequently, the appeals were dismissed in limine as not maintainable. The tribunal granted leave to the appellant to file the appeals before the appropriate ITAT bench vested with jurisdiction over the assessing officer's territorial area.
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TaxTMI 
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