https://www.taxtmi.com/caselaws?id=790852 The reassessment framework under the Income-tax Act was materially altered by the Finance Act, 2021, the e-Assessment of Income Escaping Assessment Scheme, 2022, and later clarificatory amendments including section 147A with retrospective effect from 01.04.2021. In view of these changes, the SC set aside High Court judgments that had quashed reassessment notices on competence grounds and declined to decide the merits of whether notices under sections 148 and orders under section 148A(d) had to be issued only through the faceless mechanism. The validity, scope, effect, retrospectivity and applicability of the amended provisions were left open for fresh consideration by the jurisdictional High Courts. en-us Fri, 10 Apr 2026 00:00:00 +0530 Sat, 09 May 2026 13:15:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790852 The reassessment framework under the Income-tax Act was materially altered by the Finance Act, 2021, the e-Assessment of Income Escaping Assessment Scheme, 2022, and later clarificatory amendments including section 147A with retrospective effect from 01.04.2021. In view of these changes, the SC set aside High Court judgments that had quashed reassessment notices on competence grounds and declined to decide the merits of whether notices under sections 148 and orders under section 148A(d) had to be issued only through the faceless mechanism. The validity, scope, effect, retrospectivity and applicability of the amended provisions were left open for fresh consideration by the jurisdictional High Courts. Case-Laws Income Tax Fri, 10 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790852