Two Fatal Defects: Invalid Scrutiny Notice & No Jurisdiction with NFAC – ITAT Quashes Assessment

Milani Swanirbhar Gosthi Vs ITO (ITAT Kolkata) ITAT Kolkata Quashes Assessment: Invalid 143(2) Notice & NFAC Lacked Jurisdiction; Two Fatal Defects: Tribunal Rules Scrutiny Notice Invalid & NFAC Had No Power Pre-2022; Milani Swanirbhar Gosthi Vs ITO – ITAT Kolkata Strikes Down Assessment for Legal Defects; Assessment Void: Invalid Scrutiny Notice & NFAC Jurisdiction Missing, Rules ITAT Kolkata; ITAT Kolkata: CBDT Instructions Binding – Defective Notice & NFAC’s Lack of Authority Quash Assessment Kolkata Tribunal quashed the entire assessment proceedings on two crucial gro...