Tata Aig General Insurance Company Limited v. Assistant Commissioner of Income tax Central Circle 6(2), Mumbai
Case brief
What is this about?
Tata AIG General Insurance Co. Ltd.; Writ Petition No. 4945 of 2024; Bombay High Court; Section 148 notice; Income Tax Act 1961; faceless assessment scheme; Jurisdictional Assessing Officer vs Faceless Assessing Officer; Hexaware Technologies Ltd (2024) 162 taxmann.com 225 (Bombay); set aside / quashing of Section 148 notice; rule made absolute; revival by Praecipe; Hexaware challenged before Supreme Court; no stay on Hexaware; no order as to costs; B. P. Colabawalla; Firdosh P. Pooniwalla.
What did the court decide?
Impugned Notice issued under Section 148 of the Income Tax Act, 1961 and all other proceedings/orders emanating therefrom set aside; Rule made absolute and Writ Petition disposed of; liberty to the Revenue to revive the Petition by moving a Praecipe (no separate Interim Application required) if the Hexaware Technologies Ltd decision is set aside by the Hon'ble Supreme Court; no order as to costs.