Dismissing the appeal the Court held that\u00a0 the\u00a0 Tribunal had, on the facts, rendered a finding that on the date when the assessee\u2019s case was selected for scrutiny assessment under section\u00a0143(3), the authority who issued the notice, namely, the ITO did not have jurisdiction and the jurisdiction was with the Deputy Commissioner. The Tribunal had rightly quashed the scrutiny proceedings as the defect in issuance of notice under section\u00a0143(2)\u00a0was incurable since it went to the root of the matter\u00a0 Based on the Central Board of Direct Taxes Instruction No. 1 of 2011 which revised the monetary limit for issuing notice by ITOs, Deputy Commissioners and Assistant Commissioners stating that in cases of corporates in metro cities declaring income above Rs. 30 lakhs, the jurisdiction of such corporate assessees would lie with the Deputy Commissioners or Assistant Commissioners, held that the notice issued under section\u00a0143(2)\u00a0of the\u00a0Income-tax Act, 1961\u00a0by the ITO of the Ward for scrutiny assessment under section\u00a0143(3)\u00a0for the assessment year 2012-13 was without jurisdiction.(AY. 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"
S.143(3): Assessment-Income above 30 lakhs-Validity of notice issued u\/s 143(2)-Instruction of CBDT 1 of 2011-Defective notice-Notice and proceedings invalid. [S.119, 143(2)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-49560","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cTm","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=49560"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49560\/revisions"}],"predecessor-version":[{"id":49561,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49560\/revisions\/49561"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=49560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=49560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=49560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}