https://www.taxtmi.com/caselaws?id=758715 ITAT Delhi dismissed assessee's challenge to assessment order passed by JAO instead of NFAC under faceless assessment regime. Tribunal held that for section 144C assessments, administrative transfer to JAO caused no prejudice as draft assessment order provides opportunity before DRP. However, allowed deletion of addition under section 68 for share capital from non-resident AE, finding all requirements satisfied with proper identity, creditworthiness and genuineness established. Dismissed challenge to ESI/PF disallowance following SC precedent in Checkmate Services case regarding belated remittance. en-us Mon, 09 Sep 2024 00:00:00 +0530 Tue, 17 Sep 2024 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758715 ITAT Delhi dismissed assessee's challenge to assessment order passed by JAO instead of NFAC under faceless assessment regime. Tribunal held that for section 144C assessments, administrative transfer to JAO caused no prejudice as draft assessment order provides opportunity before DRP. However, allowed deletion of addition under section 68 for share capital from non-resident AE, finding all requirements satisfied with proper identity, creditworthiness and genuineness established. Dismissed challenge to ESI/PF disallowance following SC precedent in Checkmate Services case regarding belated remittance. Case-Laws Income Tax Mon, 09 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758715