https://www.taxtmi.com/caselaws?id=759207 The Bombay HC held that under the faceless assessment regime established by Section 151A of the Income Tax Act, the Jurisdictional Assessing Officer (JAO) cannot issue notices under Section 148 for income escaping assessment. The Court ruled that specific jurisdiction assigned to either JAO or Faceless Assessment Officer (FAO) under the March 29, 2022 scheme is exclusive, not concurrent. Allowing concurrent jurisdiction would create chaos and render faceless proceedings redundant. The Court emphasized that assessees are entitled to assessment following prescribed legal procedures, and any action contrary to statutory provisions causes prejudice. The decision favored the assessee, invalidating the improperly issued notice. en-us Mon, 05 Aug 2024 00:00:00 +0530 Thu, 26 Sep 2024 08:15:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759207 The Bombay HC held that under the faceless assessment regime established by Section 151A of the Income Tax Act, the Jurisdictional Assessing Officer (JAO) cannot issue notices under Section 148 for income escaping assessment. The Court ruled that specific jurisdiction assigned to either JAO or Faceless Assessment Officer (FAO) under the March 29, 2022 scheme is exclusive, not concurrent. Allowing concurrent jurisdiction would create chaos and render faceless proceedings redundant. The Court emphasized that assessees are entitled to assessment following prescribed legal procedures, and any action contrary to statutory provisions causes prejudice. The decision favored the assessee, invalidating the improperly issued notice. Case-Laws Income Tax Mon, 05 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759207