https://www.taxtmi.com/caselaws?id=776549 The ITAT Kolkata held that the assessment order passed by the ACIT was invalid as the return income of Rs. 16,50,920 fell under the jurisdiction of the ITO per CBDT Circular No.1/2011. Since the notice under section 143(2) and the assessment order were issued by the ACIT, who lacked pecuniary jurisdiction, the proceedings were held to be without jurisdiction and thus bad in law. The assessment order was quashed, and the assessee's appeal was allowed. en-us Mon, 06 Jan 2025 00:00:00 +0530 Wed, 13 Aug 2025 07:27:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776549 The ITAT Kolkata held that the assessment order passed by the ACIT was invalid as the return income of Rs. 16,50,920 fell under the jurisdiction of the ITO per CBDT Circular No.1/2011. Since the notice under section 143(2) and the assessment order were issued by the ACIT, who lacked pecuniary jurisdiction, the proceedings were held to be without jurisdiction and thus bad in law. The assessment order was quashed, and the assessee's appeal was allowed. Case-Laws Income Tax Mon, 06 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776549