https://www.taxtmi.com/caselaws?id=760886 The Delhi HC upheld the jurisdiction of ACIT/DCIT (International Taxation) to issue notices under Section 143(2) of the Income Tax Act. The court ruled that either the AO or prescribed income-tax authority can issue such notices, as expressly provided in the statute. CBDT notifications dated 12.05.2022 and 28.05.2022 had authorized the ACIT/DCIT under Rule 12E to act as prescribed authority. The court rejected contentions that only NaFAC officers could issue notices or that prescribed authorities could only serve but not issue notices, finding these arguments unsupported by statutory language. en-us Tue, 01 Oct 2024 00:00:00 +0530 Mon, 28 Oct 2024 18:28:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760886 The Delhi HC upheld the jurisdiction of ACIT/DCIT (International Taxation) to issue notices under Section 143(2) of the Income Tax Act. The court ruled that either the AO or prescribed income-tax authority can issue such notices, as expressly provided in the statute. CBDT notifications dated 12.05.2022 and 28.05.2022 had authorized the ACIT/DCIT under Rule 12E to act as prescribed authority. The court rejected contentions that only NaFAC officers could issue notices or that prescribed authorities could only serve but not issue notices, finding these arguments unsupported by statutory language. Case-Laws Income Tax Tue, 01 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760886