https://www.taxtmi.com/caselaws?id=330106 A reassessment notice is valid where it is issued by the Assessing Officer having territorial and pecuniary jurisdiction, the proposal is approved under section 151, reasons are furnished, and the jurisdictional objection is raised belatedly. The Court applied the statutory definition of Assessing Officer and the jurisdictional scheme under sections 120 and 124 to hold that the reopening could proceed. It found the contrary precedent inapplicable because the notice here was issued by a competent officer within limitation. The writ petition was rejected, and the objections order was upheld. en-us Fri, 18 Mar 2016 00:00:00 +0530 Sun, 17 Jul 2016 12:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330106 A reassessment notice is valid where it is issued by the Assessing Officer having territorial and pecuniary jurisdiction, the proposal is approved under section 151, reasons are furnished, and the jurisdictional objection is raised belatedly. The Court applied the statutory definition of Assessing Officer and the jurisdictional scheme under sections 120 and 124 to hold that the reopening could proceed. It found the contrary precedent inapplicable because the notice here was issued by a competent officer within limitation. The writ petition was rejected, and the objections order was upheld. Case-Laws Income Tax Fri, 18 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330106