https://www.taxtmi.com/caselaws?id=759585 Notices issued under section 148A(b), the order under section 148A(d), the notice under section 148, and the consequential reassessment proceedings were held unsustainable where earlier binding decisions had already found such action contrary to the Income-tax Act, 1961. The Court followed its prior ruling and the coordinate bench view that circulars or instructions cannot override statutory provisions, and that reassessment initiated by the Jurisdictional Assessing Officer without following the faceless assessment procedure under section 144B was contrary to the statutory scheme. The impugned notices and proceedings were therefore set aside. en-us Thu, 12 Sep 2024 00:00:00 +0530 Fri, 04 Oct 2024 08:19:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759585 Notices issued under section 148A(b), the order under section 148A(d), the notice under section 148, and the consequential reassessment proceedings were held unsustainable where earlier binding decisions had already found such action contrary to the Income-tax Act, 1961. The Court followed its prior ruling and the coordinate bench view that circulars or instructions cannot override statutory provisions, and that reassessment initiated by the Jurisdictional Assessing Officer without following the faceless assessment procedure under section 144B was contrary to the statutory scheme. The impugned notices and proceedings were therefore set aside. Case-Laws Income Tax Thu, 12 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759585