https://www.taxtmi.com/caselaws?id=411666 The Tribunal quashed the reassessment order passed under section 143(3) r.w.s. 147 due to the Assessing Officer's invalid assumption of jurisdiction. The notice under section 148 was not validly served within the prescribed time limit, rendering the reopening of the assessment invalid. Consequently, the other contentions regarding the validity of the additions and interest charged were left unaddressed. The appeal was allowed based on the Tribunal's findings of invalid jurisdiction. en-us Tue, 10 Aug 2021 00:00:00 +0530 Wed, 25 Aug 2021 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411666 The Tribunal quashed the reassessment order passed under section 143(3) r.w.s. 147 due to the Assessing Officer's invalid assumption of jurisdiction. The notice under section 148 was not validly served within the prescribed time limit, rendering the reopening of the assessment invalid. Consequently, the other contentions regarding the validity of the additions and interest charged were left unaddressed. The appeal was allowed based on the Tribunal's findings of invalid jurisdiction. Case-Laws Income Tax Tue, 10 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411666