https://www.taxtmi.com/caselaws?id=448026 The Karnataka HC rejected a petition challenging the jurisdiction of ACIT, NaFAC-1(1)(2), Delhi to issue assessment notices under the faceless assessment scheme. The court held that the CBDT's order dated 13.08.2020, which exempted Central Charges and International Taxation Charges from faceless assessment, remained valid despite the transition from the Faceless Assessment Scheme 2019 to the statutory National Faceless Assessment Scheme under Section 144B. The court ruled that jurisdictional challenges must be raised within one month of notice service per Section 124(3), and the petitioner's delay barred such objections. The petition was dismissed with directions for installment payments. en-us Wed, 13 Dec 2023 00:00:00 +0530 Thu, 06 Feb 2025 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448026 The Karnataka HC rejected a petition challenging the jurisdiction of ACIT, NaFAC-1(1)(2), Delhi to issue assessment notices under the faceless assessment scheme. The court held that the CBDT's order dated 13.08.2020, which exempted Central Charges and International Taxation Charges from faceless assessment, remained valid despite the transition from the Faceless Assessment Scheme 2019 to the statutory National Faceless Assessment Scheme under Section 144B. The court ruled that jurisdictional challenges must be raised within one month of notice service per Section 124(3), and the petitioner's delay barred such objections. The petition was dismissed with directions for installment payments. Case-Laws Income Tax Wed, 13 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448026