Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2021 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (7) TMI 1298 - DELHI HIGH COURTValidity of assessment u/s 144C (3) - objections to draft assessment order were filed and the same were pending disposal with the DRP - HELD THAT:- Respondents states that in view of the facts of the present case, she has no objection if the present matter is remitted to the DRP. The final assessment order dated 30th June, 2021 as well as the demand notice of ₹ 56,76,09,018/- (Rupees Fifty Six Crores Seventy Six Lakhs Nine Thousand and Eighteen only) issued under Section 156 of the Act for the assessment year 2017-18 is quashed and the matter is remitted to the DRP for consideration under Section 144(C) of the Act. Thereafter, the assessment order shall be passed in accordance with the procedure stipulated under Section 144B(1) (xxix) to (xxxi) as well as Section 144(C) of the Act.
|