Assessment order violating directions of DRP is liable to be quashed

Oxbow Energy Solutions LLC Vs DCIT (ITAT Delhi)

ITAT Delhi held that assessment order passed in violation of the directions of Dispute Resolution Penal (DRP) is against the provisions of sub-section (10) and (13) of section 144C of the Act and hence liable to be quashed

Facts- Assessee is a non-resident corporate entity incorporated in the United States of America (USA). From the information generated through the Annual Information Report (AIR) of the department, it was noticed that certain income ear

Please become a Premium member. If you are already a Premium member, login here to access the full content.