https://www.taxtmi.com/caselaws?id=306739 The Tribunal allowed the appeals for the assessment years 2005-06, 2006-07, and 2007-08, setting aside the final assessment orders due to the invalidity of the draft assessment orders. The Tribunal found that the assessee was not an "eligible assessee" under section 144C(15)(b), making the draft and final assessment orders unsustainable in law. Consequently, the assessment should have been completed under section 143(3) instead of section 144C. Other grounds were not addressed as they became academic following the quashing of the assessment orders. en-us Mon, 20 Aug 2018 00:00:00 +0530 Thu, 23 Feb 2023 02:54:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306739 The Tribunal allowed the appeals for the assessment years 2005-06, 2006-07, and 2007-08, setting aside the final assessment orders due to the invalidity of the draft assessment orders. The Tribunal found that the assessee was not an "eligible assessee" under section 144C(15)(b), making the draft and final assessment orders unsustainable in law. Consequently, the assessment should have been completed under section 143(3) instead of section 144C. Other grounds were not addressed as they became academic following the quashing of the assessment orders. Case-Laws Income Tax Mon, 20 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306739