The Rajasthan High Court, Jaipur Bench quashed the reassessment notice issued by Jurisdictional AO and held that there must be mandatory use of algorithm-based allocation in faceless income tax assessments. The Bench of Justice Mahendar Kumar Goyal and Justice Baljinder Singh Sandhu has reinforced the supremacy of the faceless assessment regime by quashing a reassessment…
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Mandatory Use of Algorithm-Based Allocation In Faceless Income Tax Assessments: Rajasthan HC Quashes Reassessment Notice Issued by Jurisdictional AO
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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