Dismissing the appeal of the revenue the Court held that ,the  income could not be said to have escaped assessment under section 147 when the assessment proceedings were pending. If the notice had already been issued under S. 142(1)  and the proceedings were pending, a return under S.  148 could not be called for. S.  124(3) which stipulates a bar to any contention about lack of jurisdiction of an Assessing Officer would not save the illegality of the assessment in the assessee’s case.  Followed  Trustees of H. E. H. The Nizam’s Supplemental Family Trust v. CIT [2000] 242 ITR 381 (SC) Nilofer Hameed  ( Smt .)  v. ITO  [1999] 235 ITR 161 (Ker)  (HC) a CIT v. Sayed Rafiqur Rahman [1991] 189 ITR 476 (Patna)  (HC)  ( AY.2011-12)