The High Court dismissed the assessee’s writ petition against notices issued under sections 142(1) and 143(2) of the Income-tax Act, 1961, holding that the Central Board of Direct Taxes, in exercise of powers under rule 12E of the Income-tax Rules, 1962, had authorised the Assistant Commissioner or the Deputy Commissioner (IT), Circle-1(1)(1), Delhi to act as the “prescribed Income-tax authority” for the purpose of issuance of notice under section 143(2), that the powers of the Board to notify the “prescribed authority” was not confined to authorising Income-tax Officers of the National Faceless Assessment Centre, and that the notices under sections 142(1) and 143(2) were valid. SLP of assessee dismissed.
Ambience Farms Pvt. Ltd v. Asst. CIT (2025I 474 ITR 214 (SC) Editorial : Ambience Farms Pvt. Ltd. v. ACIT, (2025) 474 ITR 209 (Delhi)(HC)
S. 143(3): Assessment-Jurisdiction-Notices-Assessing Officer or prescribed authority-Powers of Central Board of Direct Taxes to prescribe authority not confined to authorising Income-tax Officers of National Faceless Assessment Centre alone as prescribed authority-Notification issued by Central Board of Direct Taxes authorising Assistant Commissioner or Deputy Commissioner (IT), Circle-1(1)(1)-Notice were within jurisdiction-SLP dismissed. [S.119, 142(1) 143(2), ITAT R, 1962, R. 12E. Art. 136]