Court Quashes Notices for Income Escaping Assessment; Validity of Faceless Assessments Upheld in Line with Previous Judgment.

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....Validity of Faceless assessment of income escaping assessment u/s 151 - According to Petitioners, the notice could have been issued only by the Faceless Assessing Officer (“FAO”) not issued by the Jurisdictional Assessing Officer (“JAO”) - The court acknowledged that the issues in the present petitions were covered by the Hexaware Technologies judgment and consequently quashed the impugned notices. Any reassessment orders, demand notices, or penalties based on these invalid notices were also set aside. The court extended this benefit to petitioners who had raised the issue of notice validity orally and disposed of the petitions and any pending interim applications accordingly.....