https://www.taxtmi.com/caselaws?id=385020 The court ruled in favor of the petitioner company regarding the timeliness of filing objections to the draft assessment order for A.Y. 2015-16. The discrepancy in the date of receipt of the draft assessment order was resolved in favor of the company, confirming the objections were filed within the statutory timeline. The final assessment order was set aside, directing the Dispute Resolution Panel-1 to consider the objections in accordance with the Income Tax Act. The judgment emphasized the importance of adherence to procedural timelines and the right of the assessee to challenge assessment orders within prescribed limits. en-us Tue, 20 Aug 2019 00:00:00 +0530 Tue, 27 Aug 2019 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385020 The court ruled in favor of the petitioner company regarding the timeliness of filing objections to the draft assessment order for A.Y. 2015-16. The discrepancy in the date of receipt of the draft assessment order was resolved in favor of the company, confirming the objections were filed within the statutory timeline. The final assessment order was set aside, directing the Dispute Resolution Panel-1 to consider the objections in accordance with the Income Tax Act. The judgment emphasized the importance of adherence to procedural timelines and the right of the assessee to challenge assessment orders within prescribed limits. Case-Laws Income Tax Tue, 20 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385020