Section 143(2) Notice by ITO invalid as income exceeded ₹20 lakhs; jurisdiction lies with ACIT/DCIT

Om Prakash Bansal (HUF) Vs ACIT (ITAT Delhi)

ITAT Delhi quashes assessment – Notice u/s 143(2) by ITO invalid as income exceeded ₹20 lakhs; jurisdiction lay with ACIT/DCIT; ITAT Delhi holds notice u/s 143(2) by non-jurisdictional ITO invalid- 

Assessee, Om Prakash Bansal (HUF), challenged the assessment framed u/s 143(3) on the ground that the notice u/s 143(2) was issued by an officer lacking jurisdiction as per CBDT Instruction No. 1/2011 dt. 31-01-2011. The return declared income of ₹30.71 lakh; hence, jurisdiction legally lay wit

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