ITAT Quashes Assessment as ACIT Lacked Pecuniary Jurisdiction Under CBDT Instruction

Anderson Printing House Pvt. Ltd Vs ACIT (ITAT Kolkata) The Income Tax Appellate Tribunal (ITAT), Kolkata, considered an appeal filed by the assessee against the order of the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, for Assessment Year 2016-17. Among the grounds raised, the assessee challenged the jurisdiction of the Assistant Commissioner of Income Tax (ACIT) to issue notice under Section 143(2) and complete the assessment under Section 143(3). The Tribunal decided to examine this legal ground first, as it went to the root of the matter. The assessee contended th...