https://www.taxtmi.com/caselaws?id=792564 A reassessment notice issued under section 148 by an officer lacking the prescribed monetary jurisdiction was invalid because the returned and assessed income fell within the limits assigned under CBDT Instruction No. 1/2011 for metro corporate returns. The jurisdictional defect went to the root and was not cured by later assessment proceedings. Consequently, the reassessment notice was quashed and the consequential assessment order also could not survive. en-us Wed, 06 May 2026 00:00:00 +0530 Sat, 30 May 2026 08:29:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792564 A reassessment notice issued under section 148 by an officer lacking the prescribed monetary jurisdiction was invalid because the returned and assessed income fell within the limits assigned under CBDT Instruction No. 1/2011 for metro corporate returns. The jurisdictional defect went to the root and was not cured by later assessment proceedings. Consequently, the reassessment notice was quashed and the consequential assessment order also could not survive. Case-Laws Income Tax Wed, 06 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792564