Draft Assessment Order passed without Considering Petitioner’s Objections: HC Quashed

CPF (India) Private Limited Vs ACIT (Madras High Court)

Introduction: The case of CPF (India) Private Limited Vs ACIT, heard in the Madras High Court, sheds light on the importance of adhering to procedural norms outlined in Section 144B of the Income Tax Act, 1961. The petitioner challenged the assessment order passed for the assessment year 2018-19 under Section 143(3) read with Section 144B.

Detailed Analysis:

1. Background of the Case:

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