On writ allowing the petition the Court held that in terms of amendment to Act by way of Finance Act, 2021 with effect from 1-4-2021, proceedings under section 148A as also under section 148 ought to have been issued and proceeded in a faceless manner. Therefore, notice issued under section 148A as also under section 148 by jurisdictional Assessing Officer was set aside.
Southern Power Distribution Company of Telangana Ltd v. ACIT (2025) 481 ITR 556/ 175 taxmann.com 800 (Telengana)(HC)
S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Face less assessment-Mandatory-Notices and orders issued by jurisdictional Assessing Officer-Invalid–Notification No.18 of 2022 dated 29-3-20221. [S. 144B, 148, 148A(b) 148A(d), 151A, Art. 226]
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