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…
Membership Required
Already a member? Log in here
