https://www.taxtmi.com/caselaws?id=775672 The ITAT Delhi held that the Revenue has the discretion to choose the method of assessment under sections 147 or 153C based on available information. However, the reassessment proceedings initiated by the AO of Circle 57(1), New Delhi, lacked jurisdiction as the assessee's actual jurisdiction lies with Range 14, Ward 1(5), Meerut at Baraut. No material was presented to establish jurisdiction of the AO who completed the assessment. Consequently, the reassessment initiated and completed by the New Delhi AO was held invalid and bad in law. The ground raised by the assessee challenging jurisdiction was allowed. en-us Wed, 04 Jun 2025 00:00:00 +0530 Tue, 29 Jul 2025 08:30:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775672 The ITAT Delhi held that the Revenue has the discretion to choose the method of assessment under sections 147 or 153C based on available information. However, the reassessment proceedings initiated by the AO of Circle 57(1), New Delhi, lacked jurisdiction as the assessee's actual jurisdiction lies with Range 14, Ward 1(5), Meerut at Baraut. No material was presented to establish jurisdiction of the AO who completed the assessment. Consequently, the reassessment initiated and completed by the New Delhi AO was held invalid and bad in law. The ground raised by the assessee challenging jurisdiction was allowed. Case-Laws Income Tax Wed, 04 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775672