https://www.taxtmi.com/caselaws?id=753384 The ITAT Amritsar held that proceedings under Section 143(3) were invalid when Section 153C(1) should have been initiated. The AO lacked jurisdiction to commence proceedings under Section 143(2) for AY 2020-21 when documents were handed over on 16-03-2021 relating to AY 2021-22, requiring Section 153C(1) proceedings instead. Following SC precedent in Jasjit Singh and Delhi HC in RRJ Securities Ltd, the tribunal quashed the assessment order as invalid and set aside the appeal order, holding it deemed never to have been issued. en-us Wed, 10 Jan 2024 00:00:00 +0530 Thu, 30 May 2024 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753384 The ITAT Amritsar held that proceedings under Section 143(3) were invalid when Section 153C(1) should have been initiated. The AO lacked jurisdiction to commence proceedings under Section 143(2) for AY 2020-21 when documents were handed over on 16-03-2021 relating to AY 2021-22, requiring Section 153C(1) proceedings instead. Following SC precedent in Jasjit Singh and Delhi HC in RRJ Securities Ltd, the tribunal quashed the assessment order as invalid and set aside the appeal order, holding it deemed never to have been issued. Case-Laws Income Tax Wed, 10 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753384