Assessment Void: ITAT Quashes Assessment as ITO Lacked Jurisdiction Above ₹30 Lakh Income Limit

ITO Vs Raj Trimurti Infraprojects Private Limited (ITAT Kolkata)

Returned Income Above ₹30 Lakh? ITO Has No Power – Assessment Must Go to AC/DC-ITAT Kolkata Declares Assessment Void for Lack of Jurisdiction

Assessee filed a revised return declaring a total income of ₹2.15 crore for AY 2017-18. The case was selected for scrutiny, & notice u/s 143(2) was issued by the ITO, Ward 2(3), Kolkata. The assessment was also framed by the same ITO. Assessee, in its Cross Objection, raised a legal ground that the ITO did not possess in

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