Failure to Pass Draft Assessment Order u/s 144C(1) of Income Tax Act renders Assessment as one without Jurisdiction: Bombay HC [Read Order]

By Kalyani B. Nair - On September 28, 2023 6:00 pm - 2 mins read
Failure - Draft- Assessment- Order - Income- Tax- Act - Assessment - Jurisdiction-Bombay- HC-TAXSCAN

The Bombay High Court observed that failure to pass draft assessment order under Section 144C (1) of the Income Tax Act, 1961 renders assessment as one without jurisdiction. Petitioner, M/s. CWT India Private Limited, filed its return of income for the respective years and the return of income was processed under Section 143(1) of the…

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