ITAT Visakhapatnam Quashed Reassessment as Notice Was Issued by Wrong Authority

Gattula Lakshmi Madhavi Vs ACIT (ITAT Visakhapatnam) Central Circle Cannot Assume Reassessment Powers — Section 148 Notice Issued Outside Faceless Regime Held Void The Visakhapatnam Bench of the ITAT quashed the reassessment framed under Section 147 and consequential penalties under Sections 270A and 271AAC in the case of Gattula Lakshmi Madhavi v. ACIT, holding that the entire proceedings were void for want of jurisdiction. The Tribunal held that after the introduction of the Faceless Jurisdiction regime under Section 151A read with the E-Assessment of Income Escaping Assessment Scheme, 202...