https://www.taxtmi.com/caselaws?id=430916 A challenge to the Assessing Officer's territorial jurisdiction is not to be decided in appellate proceedings where the statute provides a separate remedy, and an assessment completed after a valid transfer order by a competent officer is not invalid on that ground. A fresh notice under section 143(2) was unnecessary where a valid notice had already been issued and served within time before the jurisdictional change. Most additions and disallowances were sustained on facts and on mercantile accounting principles, including accrual and matching, while only limited relief was granted on the cotton-sale loss and interest computation. The claim for refund of excess appeal fee was not maintainable in the appeal. en-us Tue, 29 Nov 2022 00:00:00 +0530 Thu, 01 Dec 2022 07:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430916 A challenge to the Assessing Officer's territorial jurisdiction is not to be decided in appellate proceedings where the statute provides a separate remedy, and an assessment completed after a valid transfer order by a competent officer is not invalid on that ground. A fresh notice under section 143(2) was unnecessary where a valid notice had already been issued and served within time before the jurisdictional change. Most additions and disallowances were sustained on facts and on mercantile accounting principles, including accrual and matching, while only limited relief was granted on the cotton-sale loss and interest computation. The claim for refund of excess appeal fee was not maintainable in the appeal. Case-Laws Income Tax Tue, 29 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430916