https://www.taxtmi.com/caselaws?id=14810 The High Court held that the Inspecting Assistant Commissioner (IAC) cannot invoke section 144A in a proceeding pending under section 144B. Additionally, it was determined that section 144B does not authorize the Assessing Officer (AO) to issue a second draft assessment order before completing the assessment. The court emphasized that section 144A and section 144B are distinct provisions, and the power under section 144B must be exercised independently without the simultaneous application of section 144A. The assessee was awarded costs of Rs. 1,500. en-us Mon, 10 Aug 1998 00:00:00 +0530 Sat, 18 Jul 2009 17:30:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14810 The High Court held that the Inspecting Assistant Commissioner (IAC) cannot invoke section 144A in a proceeding pending under section 144B. Additionally, it was determined that section 144B does not authorize the Assessing Officer (AO) to issue a second draft assessment order before completing the assessment. The court emphasized that section 144A and section 144B are distinct provisions, and the power under section 144B must be exercised independently without the simultaneous application of section 144A. The assessee was awarded costs of Rs. 1,500. Case-Laws Income Tax Mon, 10 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14810