Final Assessment Order Invalid without Draft Section u/s 144C(1) Order: ITAT Mumbai

Welspun Global Brands Ltd Vs DCIT (ITAT Mumbai)

In a recent case between Welspun Global Brands Ltd and the Deputy Commissioner of Income Tax (ITAT Mumbai), the Income Tax Appellate Tribunal (ITAT) addressed the validity of a final assessment order without a draft order under section 144C(1) of the Income-tax Act, 1961.

The Assessee and the Revenue had filed cross-appeals against the order dated 1st July 2022 passed by the Commissioner of Income Tax (Appeals-58, Mumbai) for the assessment year 2011-12.

The Assessee, in its appeal, raised additional legal grounds, asser

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