https://www.taxtmi.com/caselaws?id=432044 A reassessment notice issued under section 148 by an officer lacking territorial jurisdiction was held invalid, and the defect could not be cured by a later assessment order under section 143(3) read with section 147. The assessee's jurisdiction lay with the Income-tax Officer, Ward-1(1), Raipur under the applicable section 120 notification, but the notice was issued by the Income-tax Officer, Ward-1(3), Raipur, who was not the jurisdictional officer at the relevant time. Section 124(3) was found inapplicable because the initial notice itself was not issued by an officer vested with jurisdiction. The reassessment notice and the consequential assessment were quashed. en-us Tue, 29 Nov 2022 00:00:00 +0530 Mon, 26 Dec 2022 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432044 A reassessment notice issued under section 148 by an officer lacking territorial jurisdiction was held invalid, and the defect could not be cured by a later assessment order under section 143(3) read with section 147. The assessee's jurisdiction lay with the Income-tax Officer, Ward-1(1), Raipur under the applicable section 120 notification, but the notice was issued by the Income-tax Officer, Ward-1(3), Raipur, who was not the jurisdictional officer at the relevant time. Section 124(3) was found inapplicable because the initial notice itself was not issued by an officer vested with jurisdiction. The reassessment notice and the consequential assessment were quashed. Case-Laws Income Tax Tue, 29 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432044