The assessee declared total income of \u20b991.05 lakhs. Under CBDT Instruction No. 1 of 2011 issued under section 119, cases involving returned income exceeding \u20b930 lakhs were required to be assessed by an Assistant Commissioner or Deputy Commissioner of Income-tax. The assessment, however, was completed by an Income-tax Officer and the Revenue failed to produce any order under section 127 transferring jurisdiction. The Tribunal held that the notice issued under section 143(2) by the Income-tax Officer was without jurisdiction and the consequential assessment was void ab initio. (AY. 2017-18).<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 124: Jurisdiction of Assessing Officers-Pecuniary jurisdiction-Income exceeding \u20b930 lakhs-Notice issued by Income-tax Officer without jurisdiction-Assessment invalid.[S. 119, 120, 127, 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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-63518","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gwu","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63518","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=63518"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63518\/revisions"}],"predecessor-version":[{"id":63519,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63518\/revisions\/63519"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=63518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=63518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=63518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}