Draft Assessment Order Cannot Create Tax Liability Without Final Order: Calcutta HC

Advertisement Almatis Alumina Private Limited Vs A/DCIT (Calcutta High Court) The writ petition concerned the statutory scheme under Section 144C of the Income-tax Act, 1961, particularly the role of the Dispute Resolution Panel (DRP) and the enforceability of a tax demand raised without completion of final assessment. The petitioner challenged the action of the Income Tax Authorities in attempting to enforce a demand arising from a notice dated March 16, 2021 issued under Section 156, which accompanied a draft assessment order under Section 144C(1) for the assessment year 2017–18. The pe...