Draft assessment order be treated as a show cause notice: Madras HC

Triumph International (India) Private Limited Vs Assessment Officer (Madras High Court)

This article examines the recent decision by the Madras High Court in the case of Triumph International (India) Private Limited vs. Assessment Officer (Madras High Court). The Court ruled that a draft assessment order issued by the Income Tax Department must be treated as a show cause notice if it proposes significant adjustments to a taxpayer’s income without providing a prior opportuni

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