https://www.taxtmi.com/caselaws?id=754671 ITAT Raipur held that assessment order passed u/s 143(3) by DCIT Circle-2(1), Bilaspur was invalid as the mandatory notice u/s 143(2) was issued by ITO Ward-1(1), Bilaspur who lacked jurisdiction over corporate assessee with returned income of Rs. 21,44,050 exceeding Rs. 15 lacs threshold. Since cases above Rs. 15 lacs fall under ACIT/DCIT jurisdiction per CBDT instructions, and the jurisdictional DCIT never issued proper notice u/s 143(2), the assessment founded on invalid notice was quashed. Appeal allowed. en-us Thu, 22 Feb 2024 00:00:00 +0530 Thu, 27 Jun 2024 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754671 ITAT Raipur held that assessment order passed u/s 143(3) by DCIT Circle-2(1), Bilaspur was invalid as the mandatory notice u/s 143(2) was issued by ITO Ward-1(1), Bilaspur who lacked jurisdiction over corporate assessee with returned income of Rs. 21,44,050 exceeding Rs. 15 lacs threshold. Since cases above Rs. 15 lacs fall under ACIT/DCIT jurisdiction per CBDT instructions, and the jurisdictional DCIT never issued proper notice u/s 143(2), the assessment founded on invalid notice was quashed. Appeal allowed. Case-Laws Income Tax Thu, 22 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754671