Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The HC quashed the final assessment order as ultra vires because the faceless officer issued the final order without serving the statutorily mandated draft assessment order to the eligible assessee, thereby depriving it of the opportunity to file objections before the DRP as required by Sections 144B(1)(xxi)-(xxix) read with Section 144C(15)(b)(i). The court held this procedural non-compliance fatal to the assessment and set aside the final order. The HC declined to remit the matter for any specific direction, leaving open the possibility that the AO may, if legally entitled, initiate the process afresh by serving a proper draft assessment order and proceeding in accordance with law.
The HC quashed the final assessment order as ultra vires because the faceless officer issued the final order without serving the statutorily mandated draft assessment order to the eligible assessee, thereby depriving it of the opportunity to file objections before the DRP as required by Sections 144B(1)(xxi)-(xxix) read with Section 144C(15)(b)(i). The court held this procedural non-compliance fatal to the assessment and set aside the final order. The HC declined to remit the matter for any specific direction, leaving open the possibility that the AO may, if legally entitled, initiate the process afresh by serving a proper draft assessment order and proceeding in accordance with law.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
