https://www.taxtmi.com/caselaws?id=209374 The High Court upheld the Tribunal's decision, dismissing the Revenue's appeal. The Court found that the AO's assumption of jurisdiction based on the notice issued under section 143(2)(i) was not valid as there was no claim made by the assessee regarding income from house property. The Court emphasized the limited scope of section 143(2)(i) and the necessity for the AO to adhere to the conditions specified in the provision before issuing a notice. As a result, the appeal was dismissed, and the penalty imposed on the assessee was also set aside due to the deletion of the addition made by the AO. en-us Tue, 19 Oct 2010 00:00:00 +0530 Mon, 22 Jul 2013 11:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209374 The High Court upheld the Tribunal's decision, dismissing the Revenue's appeal. The Court found that the AO's assumption of jurisdiction based on the notice issued under section 143(2)(i) was not valid as there was no claim made by the assessee regarding income from house property. The Court emphasized the limited scope of section 143(2)(i) and the necessity for the AO to adhere to the conditions specified in the provision before issuing a notice. As a result, the appeal was dismissed, and the penalty imposed on the assessee was also set aside due to the deletion of the addition made by the AO. Case-Laws Income Tax Tue, 19 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209374