https://www.taxtmi.com/caselaws?id=778493 The text addresses eligibility under Section 144C(15)(b) and the procedural nexus with issuance of a draft assessment under Section 144C(1). It reasons that where an assessee is not eligible under Section 144C(15)(b), the Assessing Officer lacks competence to issue a draft assessment under Section 144C(1), which in turn vitiates any subsequent final assessment, demand notices and penalty show cause notices founded on that draft. Consequent relief reported includes quashing of the draft assessment, the final assessment, the demand notice and the penalty show cause notices, with the writ disposed accordingly. en-us Tue, 09 Sep 2025 00:00:00 +0530 Thu, 05 Mar 2026 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778493 The text addresses eligibility under Section 144C(15)(b) and the procedural nexus with issuance of a draft assessment under Section 144C(1). It reasons that where an assessee is not eligible under Section 144C(15)(b), the Assessing Officer lacks competence to issue a draft assessment under Section 144C(1), which in turn vitiates any subsequent final assessment, demand notices and penalty show cause notices founded on that draft. Consequent relief reported includes quashing of the draft assessment, the final assessment, the demand notice and the penalty show cause notices, with the writ disposed accordingly. Case-Laws Income Tax Tue, 09 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778493