https://www.taxtmi.com/caselaws?id=798839 CBDT jurisdictional allocation instructions under the Income-tax Act place reassessment authority for specified non-corporate assessees in mofussil areas with the ACIT/DCIT rather than an ITO where returned income exceeds the prescribed threshold. A notice issued by an officer lacking that pecuniary jurisdiction constitutes a jurisdictional defect and invalidates the consequential reassessment and assessment. Penalty for under-reporting of income, when imposed solely on an addition made in such reassessment, has no surviving basis once the reassessment order and addition are quashed. en-us Wed, 09 Sep 2026 00:00:00 +0530 Sat, 12 Sep 2026 08:41:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798839 CBDT jurisdictional allocation instructions under the Income-tax Act place reassessment authority for specified non-corporate assessees in mofussil areas with the ACIT/DCIT rather than an ITO where returned income exceeds the prescribed threshold. A notice issued by an officer lacking that pecuniary jurisdiction constitutes a jurisdictional defect and invalidates the consequential reassessment and assessment. Penalty for under-reporting of income, when imposed solely on an addition made in such reassessment, has no surviving basis once the reassessment order and addition are quashed. Case-Laws Income Tax Wed, 09 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798839