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HC upheld the jurisdiction of the Income Tax Officer (ACIT/DCIT) to issue notice u/s 143(2), rejecting contentions challenging the authority's competence. The court determined that both the Assessing Officer (AO) and prescribed income tax authority can validly issue such notices. The ruling affirmed the broad discretionary powers of tax authorities under the Income Tax Act, specifically emphasizing that the National Faceless Assessment Centre (NaFAC) does not exclusively possess notice-issuing powers. The judgment conclusively established the procedural validity of the tax assessment process and the administrative flexibility of tax officers in conducting assessments.
HC upheld the jurisdiction of the Income Tax Officer (ACIT/DCIT) to issue notice u/s 143(2), rejecting contentions challenging the authority's competence. The court determined that both the Assessing Officer (AO) and prescribed income tax authority can validly issue such notices. The ruling affirmed the broad discretionary powers of tax authorities under the Income Tax Act, specifically emphasizing that the National Faceless Assessment Centre (NaFAC) does not exclusively possess notice-issuing powers. The judgment conclusively established the procedural validity of the tax assessment process and the administrative flexibility of tax officers in conducting assessments.
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