Reassessment Quashed as Jurisdictional AO Lacked Faceless Authority: ITAT Hyderabad

Primary Agricultural Cooperative Credit Society Ltd. Vs ITO (ITAT Hyderabad) Faceless Means Faceless: ITAT Hyderabad Quashes Reassessment Issued by Jurisdictional AO The ITAT Hyderabad allowed the assessee’s appeal for AY 2016–17, holding that the reassessment proceedings were void ab initio as the notice under section 148 and the order under section 148A(d) were issued by the Jurisdictional Assessing Officer (JAO) instead of the Faceless Assessing Officer (FAO), in violation of the Faceless Assessment Scheme. The Tribunal noted that CBDT Notification No. 18/2022 dated 29.03.2022, issued u...