https://www.taxtmi.com/caselaws?id=461478 The SC/Tribunal found the National Faceless Assessment Centre (NFAC) lacked jurisdiction when initiating assessment proceedings before the official notification date of 29.03.2022. The court ruled that the assessment order and subsequent proceedings were invalid due to premature assumption of jurisdiction, thereby allowing the assessee's appeal and emphasizing strict adherence to statutory timelines in faceless assessments. en-us Tue, 15 Oct 2024 00:00:00 +0530 Tue, 08 Apr 2025 18:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461478 The SC/Tribunal found the National Faceless Assessment Centre (NFAC) lacked jurisdiction when initiating assessment proceedings before the official notification date of 29.03.2022. The court ruled that the assessment order and subsequent proceedings were invalid due to premature assumption of jurisdiction, thereby allowing the assessee's appeal and emphasizing strict adherence to statutory timelines in faceless assessments. Case-Laws Income Tax Tue, 15 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461478