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

Page ContentsTriumph International (India) Private Limited Vs Assessment Officer (Madras High Court)Petitioner’s ContentionsRespondent’s ContentionsCourt’s Decision 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 adjustmen...