https://www.taxtmi.com/caselaws?id=756791 The ITAT Delhi allowed the assessee's appeal, quashing the reassessment order under section 147 of the Income-tax Act, 1961, due to lack of valid jurisdiction. The Tribunal found that the ITO Ward-2, Bhiwani assumed jurisdiction without statutory compliance, as no valid transfer order under section 127 was provided. The Tribunal emphasized the jurisdictional defect and did not address the merits of the case. en-us Wed, 07 Aug 2024 00:00:00 +0530 Thu, 08 Aug 2024 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756791 The ITAT Delhi allowed the assessee's appeal, quashing the reassessment order under section 147 of the Income-tax Act, 1961, due to lack of valid jurisdiction. The Tribunal found that the ITO Ward-2, Bhiwani assumed jurisdiction without statutory compliance, as no valid transfer order under section 127 was provided. The Tribunal emphasized the jurisdictional defect and did not address the merits of the case. Case-Laws Income Tax Wed, 07 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756791