On writ against the reassessment notice and order disposing the objection the Court held, that the notice under section\u00a0148\u00a0had been issued by the jurisdictional Assessing Officer, contrary to the faceless mechanism under the provisions of section\u00a0144B\u00a0read with section\u00a0151A\u00a0and the scheme notified by the Central Government dated March 29, 2022 ([2022] 442 ITR (St.) 198) under section\u00a0151A. Jurisdictional High Court in\u00a0 Hexaware Technologies Ltd. v. ACIT\u00a0 (2024) 464 ITR 430 (Bom)(HC) \u00a0has ranted the relief. \u00a0The Supreme Court having been seized with the proceedings arising from Hexaware and an authoritative pronouncement of the Supreme Court on issues of law as involved being awaited. Pending the hearing and final disposal of this petition, there shall be interim reliefs to the extent that there shall be stay to the notice under section\u00a0148\u00a0and any other proceeding arising under the notice. Liberty was granted to the parties to apply after appropriate orders were passed by the Supreme Court in Hexaware.<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Faceless Assessment-Notice issued by Jurisdictional Assessing Officer-Similar issue pending before Supreme Court-Stay is granted till order to be passed by Supreme Court. [S. 147, 148, 148A(b) 148A(d), 151A, Art. 226] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-49572","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cTy","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=49572"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49572\/revisions"}],"predecessor-version":[{"id":49573,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49572\/revisions\/49573"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=49572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=49572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=49572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}