The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed an assessment order holding that the entire assessment was void ab initio as it was framed by an Income Tax Officer (ITO) who lacked pecuniary jurisdiction under applicable CBDT instructions. As a result, the Tribunal dismissed the Revenue’s appeal challenging the allowance of…
Assessment Order Invalid if Passed by Officer Lacking Pecuniary Jurisdiction: ITAT
0
171
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 5+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started as a freelance tax reporter in the leading online legal news companies like LiveLaw & Taxscan.
