Om Shree Gokul Co. Operative Housing Society Limited v. The Income Tax Officer Ward 42(1)(3), Mumbai
Case brief
What is this about?
Section 148 notice quashed; faceless assessment scheme; notice issued by Jurisdictional Assessing Officer instead of Faceless Assessing Officer held fatal; Hexaware Technologies Ltd (2024) 162 taxmann.com 225 (Bombay) followed; notice and emanating proceedings/orders set aside; rule made absolute; writ petition disposed; liberty to Revenue to revive by Praecipe if Supreme Court reverses Hexaware; no stay on Hexaware judgment; Om Shree Gokul Co Operative Housing Society Ltd v ITO Ward 42(1)(3) Mumbai; Bombay High Court; Income Tax Act 1961; no costs.
What did the court decide?
Impugned Notice under Section 148 of the Income Tax Act, 1961 and all proceedings/orders emanating therefrom set aside; Rule made absolute and Writ Petition disposed of in terms thereof; liberty to Revenue to revive the Petition by Praecipe if Hexaware Technologies Ltd (supra) is set aside by the Hon'ble Supreme Court; no order as to costs.