https://www.taxtmi.com/caselaws?id=443329 The HC held that reassessment proceedings under Sections 147 and 148 must be conducted facelessly as mandated by the Finance Act, 2021, and the related schemes introduced thereafter. The Department's initiation of proceedings under pre-amendment provisions violated both the statute and the Supreme Court's directives in Ashish Agarwal, which required adherence to the amended procedure under Section 148A. Consequently, the HC quashed the impugned notices and proceedings, ruling them illegal and unsustainable. The decision was in favor of the assessee. en-us Thu, 14 Sep 2023 00:00:00 +0530 Wed, 17 Jun 2026 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443329 The HC held that reassessment proceedings under Sections 147 and 148 must be conducted facelessly as mandated by the Finance Act, 2021, and the related schemes introduced thereafter. The Department's initiation of proceedings under pre-amendment provisions violated both the statute and the Supreme Court's directives in Ashish Agarwal, which required adherence to the amended procedure under Section 148A. Consequently, the HC quashed the impugned notices and proceedings, ruling them illegal and unsustainable. The decision was in favor of the assessee. Case-Laws Income Tax Thu, 14 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443329