Case Law Details
Case Name : Exotic Innovations Private Limited Vs DCIT (Karnataka High Court)
Related Assessment Year :
Courts :
All High Courts Karnataka High Court
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Exotic Innovations Private Limited Vs DCIT (Karnataka High Court)
Conclusion: Once the Central Government notified the Faceless Scheme for reassessment (effective March 29, 2022), the JAO was effectively divested of the power to issue notices under Section 148. The issuance of a notice by a JAO instead of the National Faceless Assessment Centre (NFAC) was a jurisdictional error that could not be cured. The impugned notice under Section 148 and the resulting assessment orders were set aside.
Held: Assessee challenged a reassessment notice issued under Section 148 and the subsequent assessment o...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Author Bio
Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.
One Comment
Cancel reply
Income tax authorities can do every thing because govt.is coordinating with them wheather the are 100℅wrong. Govt. will introduce amendment and clarification bill since 1947, govt.is in power can do anything for them because they are working on behalf of the hon, ble President of India.