2025 (9) TMI 1196

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....Advs. For the Respondent : Mr. Shlok Chandra, SSC, Ms. Naincy Jain, JSC, Ms. Madhavi Shukla, JSC, Mr. Anshuman Jindal, Advs ORDER CM APPL. 53902/2025(Exemption) 1. Exemption is allowed, subject to all just exceptions. 2. The application stands disposed of. W.P.(C) 13149/2025 CM APPL. 53901/2025(Stay) 3. This petition has been filed by the petitioner with the following prayers:....

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....ng the pendency of the present petition; and.." 4. The petitioner has challenged the impugned order dated 25.06.2025 passed under Section 148A(3) of the Income Tax Act, 1961 ['the Act'] and notice dated 25.06.2025 issued under Section 148 of the Act, relatable to the Assessment Year ['AY'] 2019-20 primarily on two grounds: (i) that the proceeding for re-assessment has been initiated by....

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....n us. 7. In this regard, he has also fairly drawn our attention to order dated 23.01.2025 in WP(C) No. 13229/2024 PC Jeweller Ltd. vs Assistant Commissioner of Income Tax and Anr where in a coordinate bench of this Court by relying upon TKS Builders Pvt. Ltd (supra) has dismissed the petition in the following manner. "1. The petitioner has filed the present petition, inter alia, prayin....

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.... initiate the proceedings under Section 148A and 148 of the Act after issuance of the Notification dated 29.03.2022 by the Central Board of Direct Taxes (CBDT) requiring reassessment proceedings to be conducted in a faceless manner. 3. The said issue is covered against the petitioner by the decision of this court in T.K.S. Builders Pvt. Ltd. v. Income Tax Officer Ward 25 (3) New Delhi, Ne....