https://www.taxtmi.com/caselaws?id=305962 The Tribunal held that the notice issued by the Deputy Director of Income Tax, Jaipur, lacked jurisdiction as no valid order transferring jurisdiction was passed under Section 127. Consequently, the assessment order was deemed void. Additionally, the Tribunal found the addition of Rs. 7,00,000 under Section 69C unjustified due to lack of proper explanation by the Assessing Officer. The appeal was allowed based on the jurisdictional issue, making further adjudication on the merit unnecessary. en-us Wed, 31 Aug 2022 00:00:00 +0530 Mon, 02 Jan 2023 08:34:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305962 The Tribunal held that the notice issued by the Deputy Director of Income Tax, Jaipur, lacked jurisdiction as no valid order transferring jurisdiction was passed under Section 127. Consequently, the assessment order was deemed void. Additionally, the Tribunal found the addition of Rs. 7,00,000 under Section 69C unjustified due to lack of proper explanation by the Assessing Officer. The appeal was allowed based on the jurisdictional issue, making further adjudication on the merit unnecessary. Case-Laws Income Tax Wed, 31 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305962