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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

If assessee is not an “eligible assessee” in terms of section ...


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

January 19, 2019

Case Laws     Income Tax     AT

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.

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