https://www.taxtmi.com/caselaws?id=308457 The court quashed the Final Assessment Order and notice dated 31st March 2021 due to jurisdictional defects. The Final Assessment Order was invalidated for not issuing the mandatory draft Assessment Order as required by Section 144B(1)(xvi) of the Income Tax Act. The notice under Section 148 was deemed invalid as it exceeded the permissible period and lacked proper approval under Section 151. The court emphasized the importance of adhering to procedural requirements under the Income Tax Act and set aside both orders. en-us Tue, 23 Aug 2022 00:00:00 +0530 Wed, 28 Jun 2023 07:35:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308457 The court quashed the Final Assessment Order and notice dated 31st March 2021 due to jurisdictional defects. The Final Assessment Order was invalidated for not issuing the mandatory draft Assessment Order as required by Section 144B(1)(xvi) of the Income Tax Act. The notice under Section 148 was deemed invalid as it exceeded the permissible period and lacked proper approval under Section 151. The court emphasized the importance of adhering to procedural requirements under the Income Tax Act and set aside both orders. Case-Laws Income Tax Tue, 23 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308457