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Income Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Assessment of foreign company - in the working out of the order ...


Tribunal Rules Foreign Company Assessment Void Due to Non-Compliance with Draft Order Procedure in Section 144C(1).

July 20, 2018

Case Laws     Income Tax     HC

Assessment of foreign company - in the working out of the order of the Tribunal results in the returned income being varied, then the procedure of passing a draft assessment order u/s 144C(1) of the Act is mandatory and has to be complied with, which has not been done - the order is without jurisdiction

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