Punjab & Haryana High Court Strikes Down Section 147A | Income Tax Current Affairs MCQ 2026

In this important Current Affairs MCQ, learn which High Court declared Section 147A of the Income Tax Act, 1961 unconstitutional in September 2026, holding that reassessment notices must be issued through the automated faceless scheme. The Punjab and Haryana High Court struck down Section 147A, which had retrospectively clarified that an Assessing Officer for Sections 148 and 148A could be an officer other than the National Faceless Assessment Centre or an assessment unit under Section 144B. The court examined the relationship between Section 147A, Section 151A and the faceless assessment scheme and held that the statutory framework continued to require automated and faceless allocation for the relevant reassessment notices. The ruling is significant for understanding India’s income-tax reassessment process, faceless assessment system, jurisdictional Assessing Officers, Section 148 notices and the legal framework governing tax administration. This development is highly relevant for UPSC, SSC, Banking, Insurance, Railway, Defence, State PSC, law and other competitive examinations. Revise this question along with important Economy, Banking, Taxation, Polity, Legal Affairs and National Current Affairs for September 2026. Follow Current Affairs Studio for exam-oriented current affairs MCQs, detailed explanations and daily current affairs preparation.

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