Scrutiny Assessment Quashed as Section 143(2) Notice Was Issued Without Jurisdiction: Calcutta HC

PCIT-1 Vs Shree Shoppers Ltd. (Calcutta High Court) The Calcutta High Court dismissed the Revenue’s appeal filed under Section 260A of the Income Tax Act, 1961, against the order of the Income Tax Appellate Tribunal (ITAT) for Assessment Year 2012-13. The central issue before the Court was whether a valid notice under Section 143(2) had been issued for initiating scrutiny assessment proceedings. The Revenue argued that the notice under Section 143(2) had been validly issued by the jurisdictional Assessing Officer before departmental restructuring and that a subsequent change in jurisdict...