#CBDT Instruction 1/2011

ITAT Kolkata holds that any income tax assessment framed by an Assessing Officer beyond their prescribed pecuniary jurisdiction under CBDT Instruction 1/2011 is null and void from the outset, regardless of substantive correctness. This reinforces that jurisdictional compliance is a mandatory precondition for validity, affecting all assessees and tax authorities navigating delegated powers under the Income Tax Act.

ITAT Delhi rules that reassessment proceedings under Section 147 initiated by ACIT for corporate assessees with returned income below ₹30 lakh are jurisdictionally void, as CBDT Instruction 1/2011 mandates assessment by ITO. The ruling reinforces jurisdictional compliance for reassessment, impacting corporate taxpayers in metro cities.