Final Tax Order Set Aside Due to Failure to Issue Draft Assessment in International Transaction Case

Hansgrohe India Pvt. Ltd. Vs Assessment Unit Income Tax Dept. & Others (Bombay High Court) This writ petition before the Bombay High Court challenged a final assessment order dated 2 February 2026 passed under Sections 143(3) read with 144B of the Income Tax Act, 1961 for Assessment Year 2023–24. The petitioner’s primary grievance was that it qualified as an “eligible assessee” under Section 144C(15)(b)(i) because the transaction involved was an international transaction. As such, before passing any final assessment order prejudicial to the assessee, the Assessing Officer was requi...