https://www.taxtmi.com/caselaws?id=415041 The High Court declared the assessment order as non est due to non-compliance with the mandatory provisions of Section 144B of the Income Tax Act. Consequently, the impugned order, demand notice, and penalty notice were quashed and set aside. The court emphasized that no observations were made on the case's merits, leaving the Revenue to take further steps as per the law. The petition was disposed of, addressing the petitioner's concern regarding the absence of the mandatory draft assessment order. en-us Mon, 25 Oct 2021 00:00:00 +0530 Fri, 29 Apr 2022 14:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415041 The High Court declared the assessment order as non est due to non-compliance with the mandatory provisions of Section 144B of the Income Tax Act. Consequently, the impugned order, demand notice, and penalty notice were quashed and set aside. The court emphasized that no observations were made on the case's merits, leaving the Revenue to take further steps as per the law. The petition was disposed of, addressing the petitioner's concern regarding the absence of the mandatory draft assessment order. Case-Laws Income Tax Mon, 25 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415041