SC stays HC’s order declaring assessment order non-est in view of repealment of Section 144B(9)

National Faceless Assessment Centre Vs Mantra Industries Limited (Supreme Court of India) Mr. Balbir Singh, learned ASG, has vehemently submitted that, against the assessment order, the High Court ought not to have entertained the Writ Petition and ought to have relegated the original writ petitioner to avail statutory remedy of appeal before the CIT(A).   It is further submitted that one of the grounds on which the High Court has set aside the assessment order was sub-­section (9) of Section 144B of the Income Tax Act, 1961, (for short “the Act’) which, at the relevant time, provided t...