https://www.taxtmi.com/caselaws?id=759703 Reassessment notice issued within the six-year limitation period was treated as duly issued where it was sent by registered post to the assessee's last known address and returned refused, so the challenge based on non-service failed. Reassessment framed by a transferee officer was held unsustainable where the reopening originated with one officer but the assessment was completed by another without a valid transfer chain under section 127 and without fresh valid jurisdiction in the completing officer. The Tribunal held that reassessment under sections 147 and 148 must be initiated and completed by the Assessing Officer having relevant jurisdiction, or by a duly transferred successor officer. The reassessment order was quashed for want of valid jurisdiction. en-us Thu, 04 Jul 2024 00:00:00 +0530 Fri, 04 Oct 2024 12:23:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759703 Reassessment notice issued within the six-year limitation period was treated as duly issued where it was sent by registered post to the assessee's last known address and returned refused, so the challenge based on non-service failed. Reassessment framed by a transferee officer was held unsustainable where the reopening originated with one officer but the assessment was completed by another without a valid transfer chain under section 127 and without fresh valid jurisdiction in the completing officer. The Tribunal held that reassessment under sections 147 and 148 must be initiated and completed by the Assessing Officer having relevant jurisdiction, or by a duly transferred successor officer. The reassessment order was quashed for want of valid jurisdiction. Case-Laws Income Tax Thu, 04 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759703