https://www.taxtmi.com/caselaws?id=788852 Valid issuance of notice under section 143(2) by the Jurisdictional Assessing Officer satisfies the jurisdictional requirement in faceless reassessment, and completion of assessment by the faceless unit under section 144B does not by itself vitiate the proceedings. The challenge to reassessment on that ground failed. Additions made ex parte on short-term capital gain, estimated business and professional income, and rent receipts required fresh factual verification because the record did not adequately examine purchase documents, holding period, books, reconciliation, or the nature of receipts. Those additions were set aside and restored for fresh adjudication after giving the assessee reasonable opportunity. en-us Thu, 26 Mar 2026 00:00:00 +0530 Mon, 30 Mar 2026 08:48:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788852 Valid issuance of notice under section 143(2) by the Jurisdictional Assessing Officer satisfies the jurisdictional requirement in faceless reassessment, and completion of assessment by the faceless unit under section 144B does not by itself vitiate the proceedings. The challenge to reassessment on that ground failed. Additions made ex parte on short-term capital gain, estimated business and professional income, and rent receipts required fresh factual verification because the record did not adequately examine purchase documents, holding period, books, reconciliation, or the nature of receipts. Those additions were set aside and restored for fresh adjudication after giving the assessee reasonable opportunity. Case-Laws Income Tax Thu, 26 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788852