Tribunal Rules Foreign Company Assessment Void Due to Non-Compliance with Draft Order Procedure in Section 144C(1).

Tribunal Rules Foreign Company Assessment Void Due to Non-Compliance with Draft Order Procedure in Section 144C(1). https://www.taxtmi.com/highlights?id=40450 Assessment of foreign company - in the working out of the order of the Tribunal results in the returned income being varied, then the procedure of passing a draft assessment order u/s 144C(1) of the Act is mandatory and has to be complied with, which has not been done - the order is without jurisdiction en-us Fri, 20 Jul 2018 08:52:47 +0530 Fri, 20 Jul 2018 08:54:10 +0530 TaxTMI RSS Generator Tribunal Rules Foreign Company Assessment Void Due to Non-Compliance with Draft Order Procedure in Section 144C(1). https://www.taxtmi.com/highlights?id=40450 Assessment of foreign company - in the working out of the order of the Tribunal results in the returned income being varied, then the procedure of passing a draft assessment order u/s 144C(1) of the Act is mandatory and has to be complied with, which has not been done - the order is without jurisdiction Highlights Income Tax Fri, 20 Jul 2018 08:52:47 +0530 https://www.taxtmi.com/highlights?id=40450