Petitioner Ineligible for Draft Assessment Order; Not a Foreign Company as per Section 144C(15)(b) of Income Tax Act.

Petitioner Ineligible for Draft Assessment Order; Not a Foreign Company as per Section 144C(15)(b) of Income Tax Act. https://www.taxtmi.com/highlights?id=27378 The petitioner is admittedly not a foreign Company. - Since the petitioner is not an eligible assessee in terms of Section 144C(15)(b), no draft order can be passed in the case of the petitioner u/s 144C(1) - HC en-us Thu, 18 Feb 2016 17:08:40 +0530 Thu, 18 Feb 2016 17:08:40 +0530 TaxTMI RSS Generator Petitioner Ineligible for Draft Assessment Order; Not a Foreign Company as per Section 144C(15)(b) of Income Tax Act. https://www.taxtmi.com/highlights?id=27378 The petitioner is admittedly not a foreign Company. - Since the petitioner is not an eligible assessee in terms of Section 144C(15)(b), no draft order can be passed in the case of the petitioner u/s 144C(1) - HC Highlights Income Tax Thu, 18 Feb 2016 17:08:40 +0530 https://www.taxtmi.com/highlights?id=27378