https://www.taxtmi.com/caselaws?id=403694 The court held that the failure to pass a draft assessment order in a case involving Transfer Pricing issues was a substantial error. The court emphasized the mandatory nature of passing a draft assessment order under Section 144C of the Income Tax Act. Due to the procedural irregularity, the assessment order was quashed, and the writ petition was allowed, resulting in the closure of connected miscellaneous petitions without costs. en-us Tue, 05 Jan 2021 00:00:00 +0530 Mon, 20 Apr 2026 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403694 The court held that the failure to pass a draft assessment order in a case involving Transfer Pricing issues was a substantial error. The court emphasized the mandatory nature of passing a draft assessment order under Section 144C of the Income Tax Act. Due to the procedural irregularity, the assessment order was quashed, and the writ petition was allowed, resulting in the closure of connected miscellaneous petitions without costs. Case-Laws Income Tax Tue, 05 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403694