https://www.taxtmi.com/caselaws?id=302559 The Tribunal upheld the CIT(A)'s decision to annul the assessments for both the relevant years due to lack of jurisdiction of the ITO-III, Kashipur to issue notice under section 148. The Tribunal emphasized that a valid notice must be issued by a competent officer with proper jurisdiction. Consequently, the assessments framed under sections 147/144 were deemed invalid. Other issues such as compliance with section 292BB, estimation of income under section 44AD, and additions under sections 68 and 69 were not addressed in detail as the primary jurisdictional defect rendered the entire assessment null and void. en-us Thu, 08 Jan 2015 00:00:00 +0530 Sun, 05 Jun 2022 19:30:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302559 The Tribunal upheld the CIT(A)'s decision to annul the assessments for both the relevant years due to lack of jurisdiction of the ITO-III, Kashipur to issue notice under section 148. The Tribunal emphasized that a valid notice must be issued by a competent officer with proper jurisdiction. Consequently, the assessments framed under sections 147/144 were deemed invalid. Other issues such as compliance with section 292BB, estimation of income under section 44AD, and additions under sections 68 and 69 were not addressed in detail as the primary jurisdictional defect rendered the entire assessment null and void. Case-Laws Income Tax Thu, 08 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302559