No Section 127 Order, No Jurisdiction –  Delhi ITAT quashes assessment

Vishan Gunna Vs ACIT (ITAT Delhi) No Section 127 Order, No Jurisdiction-  ITAT quashes assessment-  Transfer without section 127 order invalidates Assessment Assessee e-filed her return with an Indian address in Hyderabad & claimed capital gains exemptions u/s 54F & 54EC. Notices u/s 143(2) & assessment proceedings were initiated by the ACIT (International Taxation) in New Delhi. Assessment was completed at ₹10.05 crore against returned income of ₹9.99 lakh.  Assessee challenged the assessment on various factual & legal grounds, including jurisdiction. Assessee raised (f...