https://www.taxtmi.com/caselaws?id=449728 ITAT Mumbai quashed the assessment order after finding that the assessing officer failed to follow mandatory provisions of Section 144C while issuing the draft assessment order. The AO improperly issued demand notice under Section 156 and initiated penalty proceedings under Section 271(1)(c) along with the draft assessment order, which violated prescribed procedures. Following precedents from Teleperformance Global Services and Cisco Systems Services cases, the tribunal held that such procedural violations at the draft assessment stage cannot be cured under Section 292B, rendering the final assessment order null and void. en-us Fri, 22 Dec 2023 00:00:00 +0530 Sat, 17 Feb 2024 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449728 ITAT Mumbai quashed the assessment order after finding that the assessing officer failed to follow mandatory provisions of Section 144C while issuing the draft assessment order. The AO improperly issued demand notice under Section 156 and initiated penalty proceedings under Section 271(1)(c) along with the draft assessment order, which violated prescribed procedures. Following precedents from Teleperformance Global Services and Cisco Systems Services cases, the tribunal held that such procedural violations at the draft assessment stage cannot be cured under Section 292B, rendering the final assessment order null and void. Case-Laws Income Tax Fri, 22 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449728