https://www.taxtmi.com/highlights?id=68663 Validity of demand notice while issuing draft Assessment order u/s 144C - Curable defect u/s 292B - It is settled that demand notice stems out of an order of assessment and it is enforceable. It meets the assessee with civil consequences. The argument on behalf of the Revenue that the demand notice was not enforced is fallacious and noted only to be rejected. We have carefully considered Section 292B of the Act. The mistake which the ACIT has done in passing the final order at the stage of draft order is not curable under Section 292B of the Act. - HC en-us Fri, 10 Mar 2023 12:49:24 +0530 Fri, 10 Mar 2023 12:49:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68663 Validity of demand notice while issuing draft Assessment order u/s 144C - Curable defect u/s 292B - It is settled that demand notice stems out of an order of assessment and it is enforceable. It meets the assessee with civil consequences. The argument on behalf of the Revenue that the demand notice was not enforced is fallacious and noted only to be rejected. We have carefully considered Section 292B of the Act. The mistake which the ACIT has done in passing the final order at the stage of draft order is not curable under Section 292B of the Act. - HC Highlights Income Tax Fri, 10 Mar 2023 12:49:24 +0530 https://www.taxtmi.com/highlights?id=68663