Virat Dewan, S/O Shri Vijay Kumar Jain v. Income Tax Officer
Case brief
What is this about?
Section 148 notices validity; faceless regime; TOLA; Finance Act 2021; Jurisdictional Assessing Officer (JAO) jurisdiction; Union of India v. Rajeev Bansal 2024 INSC 754 limitation paras 110-114 sub-paras F G H; Patran Foods Punjab & Haryana HC; Kankanala Ravindra Reddy disapproved; Hexaware Technologies distinguished; Ashish Aggarwal Article 142; Section 148A(a)-(d); Section 148B; Section 144B(7)(8); Section 144-B communication; Rs. 50 lakh valuation drop threshold; two-month examination window; disposal of bunched writ petitions Rajasthan High Court Jaipur; appeals against final assessment orders decided.
What did the court decide?
Directions to the revenue to examine every case of deemed Section 148 notices against the Rajeev Bansal parameters (paras 110-114, including the para 112 example and sub-paras F, G & H of para 114), drop cases valued below Rs. 50,00,000/- per the revenue's stand before the Apex Court, complete the exercise expeditiously preferably within two months and convey the decision to assessees under Section 144-B; all petitions and pending applications disposed of; statutory remedies preserved for aggrieved assessees; pending appeals in CW 16013/2022, 16144/2022 & 16705/2022 treated as decided per the Court's observations.