Saturday, June 29, 2019

Writ not maintainable against draft assessment order as objections could be filed before DRP

INCOME TAX: In case of Foreign Companies, Assessing Officer instead of passing final order under section 143 (3), passes Draft Assessment Orders to enable assessee to make an objection before Dispute Resolution Panel, which consists of experts in this field. Dispute Resolution Panel is empowered by Act to consider objections, and pass suitable orders, viz., may confirm, reduce or enhance variations proposed in draft order.

from www.taxmann.com Latest Case Laws https://ift.tt/2xjsgVg
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