Relief to Microsoft and Others as Delhi HC quashes Income Tax Assessment Order issued w/o Draft Order [Read Order]

HC held that it is imperative on the part of AO to frame an order in draft as opposed to a final order of assessment
Income Tax - Income Tax Returns - ITR - Microsoft income tax case India - TAXSCAN

In this case, one of the writ petitioners, Microsoft India, had filed its Income Tax Returns ( ITR ) on 30, 2008, for the Assessment Year 2008-2009. The returns filed were selected for scrutiny, and the Transfer Pricing Officer ( TPO ) passed an order recommending an upward adjustment to the total income of the…

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