https://www.taxtmi.com/caselaws?id=403795 The court is considering a challenge to an assessment order and corrigendum under Section 144C(2) of the Income Tax Act, 1961, for the assessment year 2016-17. The main issue is whether labeling an assessment order as 'order' instead of 'draft order' constitutes an irregularity or illegality. The petitioner seeks to quash the order, arguing it should be deemed accepted if not labeled as a draft. However, the court notes the lack of specification on the provision for deeming acceptance due to labeling errors. The Assessing Officer corrected the label promptly, allowing the assessee to raise objections with the Dispute Resolution Panel. The matter is pending further consideration by the court. en-us Fri, 05 Feb 2021 00:00:00 +0530 Mon, 08 Feb 2021 15:13:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403795 The court is considering a challenge to an assessment order and corrigendum under Section 144C(2) of the Income Tax Act, 1961, for the assessment year 2016-17. The main issue is whether labeling an assessment order as 'order' instead of 'draft order' constitutes an irregularity or illegality. The petitioner seeks to quash the order, arguing it should be deemed accepted if not labeled as a draft. However, the court notes the lack of specification on the provision for deeming acceptance due to labeling errors. The Assessing Officer corrected the label promptly, allowing the assessee to raise objections with the Dispute Resolution Panel. The matter is pending further consideration by the court. Case-Laws Income Tax Fri, 05 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403795