SC stays HC’s observations declaring faceless assessment as non-est u/s 144B(9), in view of repeal of section 144B(9) w.r.e.f. 01-04-2021 by Finance Act, 2022.
National Faceless Assessment Centre v. Mantra Industries Ltd. [2022] 137 taxmann.com 210 (SC) [11-04-2022].
HC cannot dismiss appeal u/s 260A by simply observing that no substantial question of law is involved; HC Order must be reasoned and speaking Order.
Principal Commissioner of Income-tax v. Bajaj Herbals (P) Ltd., [2022] 137 taxmann.com 110 (SC) [07-04-2022].
Corporate death upon amalgamation does not in all cases, per se invalidate an assessment framed on transferor/amalgamating company.
Principal Commissioner of Income-tax v. Mahagun Realtors (P) Ltd. [2022] 137 taxmann.com 91 (SC) [05-04-2022].