Reassessment Notice issued In Person instead of Faceless Manner: HC Stays Proceedings

Parshvanath Finvest Private Limited Vs Income Tax Department (Rajasthan High Court) In challenging the notice dated 27.07.2022 (Annexure-11) issued under Section 148 of the Income Tax Act, 1961 (hereinafter to be referred as ‘the IT Act’), the submission of Mr. Prakul Khurana learned counsel for the petitioner is that the aforesaid notice is wholly without jurisdiction as it has been issued in violation of the notification dated 29.03.2022, issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes. The submission proceeds that by the said notification, a schem...