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of <h1>Telangana High Court invalidates reassessment notices u/s 148, emphasizing mandatory faceless procedure for international tax charges.</h1> The Telangana High Court addressed the validity of reassessment proceedings under the Income Tax Act, focusing on whether show cause notices under Section 148 for international tax charges are exempt from the faceless assessment procedure. The petitioners argued that notices were issued in violation of the mandatory faceless procedure. The Revenue contended that international tax charges are exempt due to a CBDT order. The Court found no exemption in the statutory language and set aside the notices and related assessments for not adhering to the faceless procedure. The decision underscores the importance of statutory interpretation and the mandatory nature of the faceless regime.
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