| Question And Answer | |
|---|---|
| Subject: | validity of Notice u/s 148 issued by JAO after 29.03.2022 |
| Category: | Income-Tax |
| Querist: | PARAS CHHAJED |
| Answered by: | Advocate Shashi Ashok Bekal |
| Tags: | Limitation, Reassessment notice |
| Date: | May 7, 2023 |
CBDT notified the e-Assessment of Income Escaping Assessment Scheme, 2022 vide Notification No. 18 on 29.03.2022 and accordingly notice u/s 148 to be issued through automated allocation, in accordance with risk management strategy formulated by the Board as referred to in section 148 of the Act. My query is about validity of proceedings where Jurisdictional Assessing Officer issued notice u/s 148. Kindly guide. Thanks
The same issue is challenged before the Hon’ble Bombay High Court. The issue is pending. Proceedings are stayed on this ground.
Disclaimer: This article is only for general information and is not intended to provide legal advice. Readers desiring legal advice should consult with an experienced professional to understand the current law and how it may apply to the facts of their case. Neither the author nor itatonline.org and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any inaccurate or incomplete information in this article nor for any actions taken in reliance thereon. No part of this document should be distributed or copied (except for personal, non-commercial use) without express written permission of itatonline.org