https://www.taxtmi.com/caselaws?id=766902 ITAT Raipur quashed assessment order dated 31.03.2015 passed by ITO-4(1), Raipur under section 143(3) for lack of valid jurisdiction. The case was transferred from ITO-4(1), Kolkata to ITO-1(1), Raipur and subsequently to ITO-4(1), Raipur without proper transfer order under section 127(2) by CIT, Kolkata-2. ITAT held that CIT, Kolkata-2 lacked power under section 120 to transfer jurisdiction to assessing officer not subordinate to him. Since statutory transfer order under section 127 was absent, ITO-4(1), Raipur invalidly assumed jurisdiction. Assessment order quashed for want of valid assumption of jurisdiction. Appeal decided against revenue. en-us Fri, 31 Jan 2025 00:00:00 +0530 Thu, 06 Mar 2025 07:35:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766902 ITAT Raipur quashed assessment order dated 31.03.2015 passed by ITO-4(1), Raipur under section 143(3) for lack of valid jurisdiction. The case was transferred from ITO-4(1), Kolkata to ITO-1(1), Raipur and subsequently to ITO-4(1), Raipur without proper transfer order under section 127(2) by CIT, Kolkata-2. ITAT held that CIT, Kolkata-2 lacked power under section 120 to transfer jurisdiction to assessing officer not subordinate to him. Since statutory transfer order under section 127 was absent, ITO-4(1), Raipur invalidly assumed jurisdiction. Assessment order quashed for want of valid assumption of jurisdiction. Appeal decided against revenue. Case-Laws Income Tax Fri, 31 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766902