{"id":59607,"date":"2026-04-17T12:23:42","date_gmt":"2026-04-17T06:53:42","guid":{"rendered":"https:\/\/itatonline.org\/digest\/caishen-enterprise-llp-v-acit2025-306-taxman-138-bomhc\/"},"modified":"2026-04-17T12:23:42","modified_gmt":"2026-04-17T06:53:42","slug":"caishen-enterprise-llp-v-acit2025-306-taxman-138-bomhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/caishen-enterprise-llp-v-acit2025-306-taxman-138-bomhc\/","title":{"rendered":"Caishen Enterprise LLP v. ACIT(2025) 306 Taxman 138 (Bom)(HC)"},"content":{"rendered":"<p>The Assessee challenged the S. 148 notice. The core issue was that the notice was issued by the JAO instead of the FAO as mandated under the faceless scheme and that the issue was squarely covered by Hexaware Technologies Ltd. v. ACIT (2024) 464 ITR 430(Bom)(HC). The Hon\u2019ble Bombay High Court followed its decision in Hexaware\u2019s case and set aside the S. 148 notice and all consequential proceedings, with liberty to Revenue to seek revival if the judgment in Hexaware\u2019s case is set aside by the Supreme Court. (AY.2019-20)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 148 : Reassessment-Notice-Cash credits-Notice  must be issued by the Faceless Assessing Officer (FAO) and not by the Jurisdictional Assessing Officer (JAO)-Notice issued by JAO is a fatal defect and quashed.[S. 147, 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-59607","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fvp","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59607","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=59607"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59607\/revisions"}],"predecessor-version":[{"id":59608,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59607\/revisions\/59608"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=59607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=59607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=59607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}