HC quashed assessment order passed in violation of Section 144C scheme

Hactom Agro Pvt Ltd. Vs National E Assessment Centre & ors (Bombay High Court) Hon’ble Bombay High Court quashed and set aside the assessment order passed in violation of the scheme under Section 144C of the Income Tax Act, 1961. The High Court observed that assessing officer exceeded the jurisdiction in passing the assessment order when objections filed with DRP were pending and intimated to the assessing officer. FULL TEXT OF THE JUDGMENT/ORDER OF DELHI HIGH COURT 1. Petitioner is impugning an assessment order dated 4th May 2021 passed under Section 143(3) of the Income Tax Act 1...