ITAT Quashes Rs 37.71 Lakh Tax Assessment After ITO Issues Section 143(2) Notice Despite CBDT Jurisdictional Limits:
Delhi ITAT quashes a Rs 37.71 lakh tax assessment, holding that an ITO lacked jurisdiction to issue the Section 143(2) notice contrary to CBDT monetary limits.
ITAT Quashes Rs 37.71 Lakh Tax Assessment
Vanshika verma
Aug 21, 2026
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ITAT Quashes Rs 37.71 Lakh Tax Assessment After ITO Issues Section 143(2) Notice Despite CBDT Jurisdictional Limits
Delhi ITAT quashes a Rs 37.71 lakh tax assessment, holding that an ITO lacked jurisdiction to issue the Section 143(2) notice contrary to CBDT monetary limits.
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Vanshika verma
Content Writer
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
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