The High Court quashed the notice issued under section 148 and the consequential reassessment proceedings for non-compliance with the mandatory faceless assessment procedure under section 144B. The Supreme Court disposed of the SLP by permitting the Revenue to approach the High Court with the subsequent clarification effective from 01.04.2021, directing the High Court to consider the issue afresh on merits after hearing both parties.
ITO v. Vandana Malhotra (2026) 309 Taxman 417 (SC) Editorial: Vandana Malhotra v. ITO [2026] 183 taxmann.com 317 (P & H) (HC)
S. 148: Reassessment-Notice-Jurisdiction-Reassessment proceedings initiated under section 148 without complying with the mandatory faceless assessment procedure under section 144B are invalid in law, and the notice as well as all consequential proceedings are liable to be quashed. SLP of revenue dismissed. [S. 144B, 147, Art. 136]
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