https://www.taxtmi.com/caselaws?id=312428 Territorial jurisdiction for income-tax assessment must be determined under Sections 120 and 124, not by PAN allotment alone. Where an assessee raises a timely jurisdictional objection, the Assessing Officer cannot decide it unilaterally; if not satisfied, the objection must be referred to the competent higher authority under Section 124(2) before completion of assessment. The later refusal to transfer the case after assessment does not cure non-compliance with this statutory procedure. On the stated facts, the assessee was based in New Delhi, filed returns there since inception, and no valid Section 127 transfer displaced Delhi jurisdiction, so the Kolkata Assessing Officer lacked jurisdiction and the assessment was void. en-us Mon, 17 May 2021 00:00:00 +0530 Fri, 16 Feb 2024 17:05:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312428 Territorial jurisdiction for income-tax assessment must be determined under Sections 120 and 124, not by PAN allotment alone. Where an assessee raises a timely jurisdictional objection, the Assessing Officer cannot decide it unilaterally; if not satisfied, the objection must be referred to the competent higher authority under Section 124(2) before completion of assessment. The later refusal to transfer the case after assessment does not cure non-compliance with this statutory procedure. On the stated facts, the assessee was based in New Delhi, filed returns there since inception, and no valid Section 127 transfer displaced Delhi jurisdiction, so the Kolkata Assessing Officer lacked jurisdiction and the assessment was void. Case-Laws Income Tax Mon, 17 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312428