https://www.taxtmi.com/caselaws?id=782054 HC dismissed the writ petitions challenging reassessment notices issued under Section 148 of the Act. It held that, under Section 151A and the E-Assessment of Income Escaping Assessment Scheme, 2022, both Jurisdictional Assessing Officer (JAO) and Faceless Assessing Officer (FAO) have concurrent jurisdiction to initiate reassessment, following its earlier ruling in TKS Builders, which remains binding in Delhi as the pending SLP before SC has not resulted in any stay. The HC rejected reliance on the Bombay HC view, noting that SC's dismissal of the SLP against that judgment without reasons does not impliedly overrule TKS Builders. Consequently, reassessment proceedings were upheld. en-us Fri, 21 Nov 2025 00:00:00 +0530 Mon, 30 Mar 2026 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782054 HC dismissed the writ petitions challenging reassessment notices issued under Section 148 of the Act. It held that, under Section 151A and the E-Assessment of Income Escaping Assessment Scheme, 2022, both Jurisdictional Assessing Officer (JAO) and Faceless Assessing Officer (FAO) have concurrent jurisdiction to initiate reassessment, following its earlier ruling in TKS Builders, which remains binding in Delhi as the pending SLP before SC has not resulted in any stay. The HC rejected reliance on the Bombay HC view, noting that SC's dismissal of the SLP against that judgment without reasons does not impliedly overrule TKS Builders. Consequently, reassessment proceedings were upheld. Case-Laws Income Tax Fri, 21 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782054