https://www.taxtmi.com/caselaws?id=28420 The High Court held that the Commissioner of Income-tax lacked the authority to set aside the assessment for non-compliance with section 144B of the Income-tax Act. It was determined that the failure to issue a draft order did not prejudice the Revenue as the assessee accepted the assessment without objection. Additionally, the court agreed with the Tribunal's decision that the assessment order was not prejudicial to the Revenue since the assessee did not appeal. This case clarifies the procedural requirements under the Income-tax Act and highlights the significance of assessee acceptance in the assessment process. en-us Wed, 30 Jun 1982 00:00:00 +0530 Mon, 22 Feb 2010 13:17:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28420 The High Court held that the Commissioner of Income-tax lacked the authority to set aside the assessment for non-compliance with section 144B of the Income-tax Act. It was determined that the failure to issue a draft order did not prejudice the Revenue as the assessee accepted the assessment without objection. Additionally, the court agreed with the Tribunal's decision that the assessment order was not prejudicial to the Revenue since the assessee did not appeal. This case clarifies the procedural requirements under the Income-tax Act and highlights the significance of assessee acceptance in the assessment process. Case-Laws Income Tax Wed, 30 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28420