https://www.taxtmi.com/caselaws?id=423794 The Tribunal allowed the appeal, quashing the assessment proceedings for the assessment year 2015-16 due to a jurisdictional issue regarding the Assessing Officer's lack of proper jurisdiction. The Tribunal held that the notice issued by the Assessing Officer without proper jurisdiction rendered the assessment proceedings void ab initio. Consequently, the other grounds raised by the assessee, including the disallowance of interest expenses, were not addressed as the primary legal challenge led to the nullification of the assessment. en-us Thu, 26 May 2022 00:00:00 +0530 Mon, 13 Jun 2022 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423794 The Tribunal allowed the appeal, quashing the assessment proceedings for the assessment year 2015-16 due to a jurisdictional issue regarding the Assessing Officer's lack of proper jurisdiction. The Tribunal held that the notice issued by the Assessing Officer without proper jurisdiction rendered the assessment proceedings void ab initio. Consequently, the other grounds raised by the assessee, including the disallowance of interest expenses, were not addressed as the primary legal challenge led to the nullification of the assessment. Case-Laws Income Tax Thu, 26 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423794