https://www.taxtmi.com/caselaws?id=308714 A reassessment notice issued by an Assessing Officer lacking territorial jurisdiction was treated as void where no transfer of jurisdiction under section 127 was shown; the reopening could not stand on such an unauthorised basis. The objection that the notice was issued in the wrong status, as an individual instead of an HUF, was rejected because the record did not show any HUF return, PAN, bank account, or other material establishing assessment in HUF capacity. The reassessment failed on jurisdictional grounds, while the status-based challenge was not accepted. en-us Thu, 10 Mar 2022 00:00:00 +0530 Sat, 15 Jul 2023 07:57:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308714 A reassessment notice issued by an Assessing Officer lacking territorial jurisdiction was treated as void where no transfer of jurisdiction under section 127 was shown; the reopening could not stand on such an unauthorised basis. The objection that the notice was issued in the wrong status, as an individual instead of an HUF, was rejected because the record did not show any HUF return, PAN, bank account, or other material establishing assessment in HUF capacity. The reassessment failed on jurisdictional grounds, while the status-based challenge was not accepted. Case-Laws Income Tax Thu, 10 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308714