SC Remits Section 148A Reassessment Row Back to High Courts

ACIT Vs Aristo Pharmaceuticals Private Limited (Supreme Court of India) The Supreme Court addressed a batch of appeals arising from reassessment proceedings under the Income-tax Act, 1961, where various High Courts had taken divergent views on whether Jurisdictional Assessing Officers (JAOs) were competent to issue notices under Sections 148 and orders under Section 148A(d), or whether such actions were restricted to faceless authorities under the e-Assessment Scheme introduced via Notification No. 18/2022 under Section 151A. Some High Courts had quashed reassessment notices issued by JAOs on ...