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of <h1>Delhi High Court Rules Draft Order Mandatory u/s 144C for International Tax Cases, Emphasizing Procedural Fairness.</h1> The Delhi High Court examined the interpretation of Section 144C of the Income Tax Act, 1961, which mandates a draft assessment order for eligible assessees involved in international transactions. The petitioners argued that failing to issue a draft order renders the final assessment void, citing precedents supporting the mandatory nature of this requirement. The respondents claimed procedural similarity between Sections 144B and 144C, arguing for leniency. The court rejected this, emphasizing Section 144C's distinct process involving the Dispute Resolution Panel. It ruled that the draft order is mandatory, quashing the final assessments and reinforcing procedural fairness and statutory compliance.
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