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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Transfer pricing - Draft assessment order not issued - AO ...


Assessing Officer's failure to issue draft order violates Section 144C, compounding errors with unwithdrawn demands and penalties.

June 13, 2019

Case Laws     Income Tax     AT

Transfer pricing - Draft assessment order not issued - AO violated the provision of section 144C. Further, in the process of making/correcting the lapses, AO made another mistake of not withdrawing the said demand notice and penalty notices.

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