https://www.taxtmi.com/caselaws?id=282546 The Court allowed the writ petition challenging the final assessment order under the Income Tax Act, finding a violation of Section 144C as the order was passed without a mandatory draft assessment order. Citing previous judgments, the Court held that the mandatory requirements under Section 144C must be met. As a result, the final assessment order and subsequent penalty proceedings were set aside in favor of the Assessee. The Court did not address the issue of exceeding the limitation period due to the finding of the Section 144C violation. en-us Thu, 07 Sep 2017 00:00:00 +0530 Fri, 29 Sep 2023 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282546 The Court allowed the writ petition challenging the final assessment order under the Income Tax Act, finding a violation of Section 144C as the order was passed without a mandatory draft assessment order. Citing previous judgments, the Court held that the mandatory requirements under Section 144C must be met. As a result, the final assessment order and subsequent penalty proceedings were set aside in favor of the Assessee. The Court did not address the issue of exceeding the limitation period due to the finding of the Section 144C violation. Case-Laws Income Tax Thu, 07 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282546