https://www.taxtmi.com/caselaws?id=448569 The ITAT Mumbai quashed an assessment order due to jurisdictional defects in the notice issued under section 143(2) of the Income Tax Act. The ITO who issued the notice lacked jurisdiction and was not empowered to conduct the assessment. Following the Bombay HC precedent in Ashok Devichand Jain case, the tribunal held that jurisdictional notices under section 143(2) are mandatory and statutory, and inherent defects in such notices are incurable. The assessment proceedings were consequently declared invalid and quashed. en-us Thu, 21 Dec 2023 00:00:00 +0530 Mon, 04 Mar 2024 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448569 The ITAT Mumbai quashed an assessment order due to jurisdictional defects in the notice issued under section 143(2) of the Income Tax Act. The ITO who issued the notice lacked jurisdiction and was not empowered to conduct the assessment. Following the Bombay HC precedent in Ashok Devichand Jain case, the tribunal held that jurisdictional notices under section 143(2) are mandatory and statutory, and inherent defects in such notices are incurable. The assessment proceedings were consequently declared invalid and quashed. Case-Laws Income Tax Thu, 21 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448569