Assessing Officer Cannot Issue Draft Order if Taxpayer Isn't "Eligible Assessee" u/s 144C(15)(b); Final Order Time-Barred.

If assessee is not an “eligible assessee” in terms of section 144C(15)(b), then AO is not competent to pass a draft assessment order u/s 144C and the final assessment order consequently becomes time barred. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X