Section 148 Notice by Local AO Invalid Under 2022 Scheme

CPT Elecy System Employees Coop T & C Society Vs ITO (ITAT Chennai) JAO-Issued 148 After 29-03-2022 Is Void — Faceless Mandate Prevails; Reassessment Quashed Chennai ITAT quashed the reassessment of CPT Elecy System Employees Coop T & C Society for AY 2020-21, holding that the notice u/s 148 dated 30-03-2024 issued by the Jurisdictional AO (JAO) was invalid ab initio, having been issued in breach of the e-Assessment of Income Escaping Assessment Scheme, 2022 notified by CBDT on 29-03-2022. The Tribunal noted that post-notification, issuance of notice u/s 148 must mandatorily be throu...