HC quashed order passed by Officer not having jurisdiction

Sumitomo Mitsui Financial Group Inc Vs CIT (Delhi High Court) Introduction: In a recent judgment, the Delhi High Court delivered a significant ruling in the case of Sumitomo Mitsui Financial Group Inc vs. CIT. The court quashed an order passed by an officer on the grounds of lacking jurisdiction. This article provides a detailed analysis of the case and its implications. Detailed Analysis: The case revolved around the challenge laid by the petitioner against an order dated November 28, 2022, passed under Section 124 of the Income Tax Act, 1961, as well as notices dated June 10, 2022, and Septe...