2023 (1) TMI 958 - AT - Income Tax
Validity of assessment - jurisdiction of the Income Tax Officer/AO to issue the notice - HELD THAT:- The issue relating to the pecuniary jurisdiction also came into consideration before the Coordinate Bench of the Tribunal and Others titled as Bhagya Laxmi Conclave Pvt. Ltd. [2021 (2) TMI 181 - ITAT KOLKATA] wherein the Tribunal further relying upon various other decisions of the Coordinate Benches of the Tribunal has decided the issue in favour of the assessee and held that the assessment framed by Assessing Officer who was not having pecuniary jurisdiction to frame such assessment was bad in law.
Assessment framed u/s. 143(3) of the Act by the DCIT being without jurisdiction is bad in law and the same is accordingly set aside. Assessee appeal allowed.