Punjab & Haryana HC sets aside Income Tax Notice Issued and Proceedings Initiated without Conducting Faceless Assessment u/s 144 B

The Punjab and Haryana High Court has set aside an income tax notice issued and proceedings initiated under section 144B without conducting a faceless assessment. The court ruled that the faceless assessment process must be followed to ensure transparency and fairness in income tax proceedings. The ruling emphasizes the mandatory nature of faceless assessments, which are designed to reduce human intervention and improve the objectivity of tax assessments. This decision is a significant step in reinforcing the procedural safeguards for taxpayers, ensuring that assessments are conducted in a uniform, unbiased manner.