SC Remands Over 1000 Reassessment Appeals After Finance Act 2026 Changed Law

ITO Vs Tej Partap Singh (Supreme Court of India) The Supreme Court disposed of a batch of thousands of appeals arising from reassessment proceedings under the Income-tax Act, 1961, involving a common legal issue regarding the authority competent to issue orders under Section 148A(d) and notices under Section 148 after the introduction of the faceless reassessment framework. The appeals arose because several High Courts had quashed reassessment orders and notices issued by Jurisdictional Assessing Officers (JAOs), holding that such actions should have been undertaken through the prescribed face...