Delhi HC Upheld Reassessment Notice Despite Faceless Regime Objection

PC Jeweller Limited Vs ACIT (Delhi High Court) The Delhi High Court dismissed a writ petition challenging reassessment proceedings for AY 2018–19, including notices issued under Sections 148A(b) and 148 and the order under Section 148A(d) of the Income-tax Act, 1961. The petitioner argued that the Jurisdictional Assessing Officer lacked authority to initiate reassessment after a CBDT notification dated 29.03.2022 mandating faceless reassessment proceedings. The Court held that this contention was squarely covered against the petitioner by an earlier decision of the same Court in K.S. Builder...