https://www.taxtmi.com/caselaws?id=800086 Pecuniary jurisdiction for scrutiny proceedings rests with the ITO where returned income falls below the prescribed threshold under the applicable CBDT instruction. A notice under Section 143(2) issued by an ACIT without allocated pecuniary jurisdiction is invalid where no prior transfer of jurisdiction has been made under Section 127. Subsequent completion of the assessment by the ITO does not cure the defect in initiating scrutiny proceedings. The consequential assessment lacks legal validity because it derives from an invalid jurisdictional notice. en-us Tue, 07 Jul 2026 00:00:00 +0530 Thu, 01 Oct 2026 07:40:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800086 Pecuniary jurisdiction for scrutiny proceedings rests with the ITO where returned income falls below the prescribed threshold under the applicable CBDT instruction. A notice under Section 143(2) issued by an ACIT without allocated pecuniary jurisdiction is invalid where no prior transfer of jurisdiction has been made under Section 127. Subsequent completion of the assessment by the ITO does not cure the defect in initiating scrutiny proceedings. The consequential assessment lacks legal validity because it derives from an invalid jurisdictional notice. Case-Laws Income Tax Tue, 07 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800086