Assessing Officers Must Avoid Overlapping Jurisdiction u/s 124(2) of Income Tax Act for Clear, Efficient Process.

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....Jurisdiction of AO to pass assessment order u/s 124(2) - it is necessary that the Assessing Officers having concurrent jurisdiction ensure that only one of them proceeds and adjudicate. This is the purport and objective behind sub-section (2) to Section 124 of the Act. - HC....