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2023 (11) TMI 764 - DELHI HIGH COURTValidity of assessment u/s 143(3) r.w.s 144C(1) and s.144B - Draft assessment order OR final assessment order - demand notice issued u/s 156 of the Act as well as the notices issued for initiation of penalty proceedings under Section 274 r.w.s. 270A, 271AA, 271G & 271BA - revenue, says that he has received instructions to the effect that the impugned assessment order can be treated as a draft assessment order, with an opportunity being given to the writ petitioner to file objections within the statutory period i.e., 30 days - HELD THAT:- The impugned assessment order shall be treated as a draft assessment order. Consequently, it will shed attributes of a final assessment order, such as the reference to the initiation of penalty proceedings. As a result, such parts of the order shall stand excised The petitioner will have liberty to file its objections within 30 days of receipt of the order passed today. The writ petition is disposed of, in the aforesaid terms. Consequently, the interim order dated 19.05.2021, which was made absolute on 10.01.2023, shall stand vacated.
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