The High Court upheld the validity of the Assessing Officer's jurisdiction to frame the assessment order...

The High Court upheld the validity of the Assessing Officer's jurisdiction to frame the assessment order u/s 144. Even if the case was not liable for compulsory scrutiny per CBDT guidelines, it fell within Section 143(2) allowing the AO to issue notice and proceed with assessment u/s 144 if income had escaped assessment. The AO's power u/s 143(2) is statutory and cannot be curtailed by CBDT instructions, as that would require the AO to dispose of a case in a manner not prescribed by statute. The ITAT order upholding the assessment u/s 144 was found to have no illegality or infirmity. .....

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