https://www.taxtmi.com/caselaws?id=67531 The Tribunal held that the assessment made by the ACIT was valid and legal, emphasizing that jurisdiction cannot be waived and lack of jurisdiction renders an order null and void. The Tribunal clarified the interpretation and application of Section 124(5) of the Income-tax Act, 1961, stating that procedural errors should not invalidate the assessment if the officer had jurisdiction over the area. As the assessee did not object to the ACIT's jurisdiction and no injustice was caused, the appeal of the Revenue was allowed, and the CIT(A) was directed to decide other grounds on merits as raised by the assessee. en-us Thu, 29 Jun 1995 00:00:00 +0530 Fri, 11 Mar 2011 11:25:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67531 The Tribunal held that the assessment made by the ACIT was valid and legal, emphasizing that jurisdiction cannot be waived and lack of jurisdiction renders an order null and void. The Tribunal clarified the interpretation and application of Section 124(5) of the Income-tax Act, 1961, stating that procedural errors should not invalidate the assessment if the officer had jurisdiction over the area. As the assessee did not object to the ACIT's jurisdiction and no injustice was caused, the appeal of the Revenue was allowed, and the CIT(A) was directed to decide other grounds on merits as raised by the assessee. Case-Laws Income Tax Thu, 29 Jun 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67531