Notice Issuing Power to for Scrutiny Assessment Under Section 143(2) Not Limited to Assessing Officer or Officers of NaFAC: Delhi High Court

In a significant ruling delivered by the High Court of Delhi on October 1, 2024, the court addressed important questions regarding the jurisdiction of tax authorities in issuing notices under the Income Tax Act, 1961. This judgment stems from the case of Ambience Private Limited against the Assistant Commissioner of Income Tax. Case Background Ambience Private Limited, represented by counsel Mr. N.P. Sahni and Mr. Kumar Abbas, filed a writ…