https://www.taxtmi.com/caselaws?id=347236 The Tribunal held that the assessment order passed by the Assessing Officer was invalid due to non-compliance with the mandatory procedure under section 144C of the Income-tax Act. As a result, the Revenue's appeal was dismissed, and the Cross Objections filed by the assessee were partly allowed. The Tribunal emphasized the necessity of issuing a proper draft assessment order, stating that failure to do so renders the assessment proceedings null and void. The Tribunal did not address the merits of the additions made by the Assessing Officer, as the primary issue of the assessment order's validity was decided in favor of the assessee. en-us Wed, 14 Jun 2017 00:00:00 +0530 Thu, 31 Aug 2017 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347236 The Tribunal held that the assessment order passed by the Assessing Officer was invalid due to non-compliance with the mandatory procedure under section 144C of the Income-tax Act. As a result, the Revenue's appeal was dismissed, and the Cross Objections filed by the assessee were partly allowed. The Tribunal emphasized the necessity of issuing a proper draft assessment order, stating that failure to do so renders the assessment proceedings null and void. The Tribunal did not address the merits of the additions made by the Assessing Officer, as the primary issue of the assessment order's validity was decided in favor of the assessee. Case-Laws Income Tax Wed, 14 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347236