Allowing the petition against issue of notice u/s 148 the Court held that in terms of amendment brought to Income Tax Act by way of Finance Act, 2021 with effect from 1-4-2021, proceedings under sections 148A as also 148 ought to have been issued and proceeded in a faceless manner, notice issued under section 148A and 148 by jurisdictional Assessing Officer not in a faceless manner was bad in law and quashed.
Rocky Red Sandal Exports (P) Ltd. v. UOI (2025) 306 Taxman 11 / 347 CTR 255 / 255 DTR 165 (Telengana)(HC)
S 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Cash credits-Proceedings under sections 148A as also 148 ought to have been issued and proceeded in a faceless manner-Notice issued by jurisdictional Assessing Officer not in a faceless manner was bad in law and was t quashed and set aside. [S.68, 147, 148, 148A(b) 148A(d), 151A, Art. 226]
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