https://www.taxtmi.com/caselaws?id=420232 The Tribunal allowed the appeal, quashing the assessment order due to lack of jurisdiction. The assessing officer's jurisdiction was questioned as the case was transferred without proper authorization. The Tribunal found the assessment order invalid, citing reasons such as undated reasons for notice issuance and lack of notice under Section 143(2). Exemptions under Section 54F and agricultural income claims were also disputed but not addressed due to the jurisdictional issue. The decision emphasized the significance of jurisdiction in assessment proceedings, aligning with established legal principles. en-us Mon, 07 Mar 2022 00:00:00 +0530 Wed, 30 Mar 2022 08:33:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420232 The Tribunal allowed the appeal, quashing the assessment order due to lack of jurisdiction. The assessing officer's jurisdiction was questioned as the case was transferred without proper authorization. The Tribunal found the assessment order invalid, citing reasons such as undated reasons for notice issuance and lack of notice under Section 143(2). Exemptions under Section 54F and agricultural income claims were also disputed but not addressed due to the jurisdictional issue. The decision emphasized the significance of jurisdiction in assessment proceedings, aligning with established legal principles. Case-Laws Income Tax Mon, 07 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420232