https://www.taxtmi.com/caselaws?id=755960 A reassessment initiated by an officer lacking pecuniary jurisdiction is invalid where the case is later moved without a valid transfer order under section 127. The text states that jurisdiction to reopen under sections 147 and 148 must rest on a valid notice by an officer authorised under section 2(7A), and that administrative correspondence cannot substitute for a lawful transfer of jurisdiction. It further notes that section 292BB does not cure the foundational defect in jurisdiction. Because the reassessment was treated as void on this basis, the remaining additions were not examined and were left academic. en-us Thu, 18 Jul 2024 00:00:00 +0530 Tue, 23 Jul 2024 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755960 A reassessment initiated by an officer lacking pecuniary jurisdiction is invalid where the case is later moved without a valid transfer order under section 127. The text states that jurisdiction to reopen under sections 147 and 148 must rest on a valid notice by an officer authorised under section 2(7A), and that administrative correspondence cannot substitute for a lawful transfer of jurisdiction. It further notes that section 292BB does not cure the foundational defect in jurisdiction. Because the reassessment was treated as void on this basis, the remaining additions were not examined and were left academic. Case-Laws Income Tax Thu, 18 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755960