Faceless Regime Prevails: Reassessment by Jurisdictional AO Held Void

Flint Power Tools (P) Ltd. Vs ACIT (ITAT Delhi)

Faceless Regime Prevails- Reassessment by Jurisdictional AO Held Void – ITAT Delhi Quashes Notice u/s 148 Issued After NFAC Notification

Issue

Whether the reassessment proceedings initiated u/s 148 by the jurisdictional AO were void for lack of authority under Section 151A, in view of CBDT’s 2022 Notification assigning such powers exclusively to the National Faceless Assessment Centre (NFAC).

Facts

• Assessee, Flint Power Tools Pvt. Ltd., engaged in manufacturing power

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