JAO Cease To Have Jurisdiction To Issue Reassessment Notice Outside Faceless Assessment: Bombay High Court

The Bombay High Court addressed the jurisdictional challenge against a reassessment notice under faceless assessment. It ruled that the AO's jurisdiction cannot be challenged under section 124 of the Income Tax Act without availing the remedy provided in the Act. The court emphasized that a jurisdictional issue cannot be decided in a writ petition if alternative remedies are available. This decision underscores the importance of exhausting statutory remedies before approaching the court on jurisdictional matters in tax assessments.