https://www.taxtmi.com/caselaws?id=210784 The court held that the assessment order by the Income-tax Officer, Central Circle-I, was valid despite the transfer of jurisdiction to the Inspecting Assistant Commissioner. The Tribunal's annulment of the assessment order based on jurisdictional grounds was deemed erroneous as the objection was not timely raised, and no prejudice was shown. The court directed the matter to be remitted back to the Tribunal for a fresh decision on the merits, excluding jurisdictional issues. Appeals were allowed, and no costs were awarded. en-us Fri, 07 Jan 2011 00:00:00 +0530 Wed, 22 Feb 2012 06:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210784 The court held that the assessment order by the Income-tax Officer, Central Circle-I, was valid despite the transfer of jurisdiction to the Inspecting Assistant Commissioner. The Tribunal's annulment of the assessment order based on jurisdictional grounds was deemed erroneous as the objection was not timely raised, and no prejudice was shown. The court directed the matter to be remitted back to the Tribunal for a fresh decision on the merits, excluding jurisdictional issues. Appeals were allowed, and no costs were awarded. Case-Laws Income Tax Fri, 07 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210784