Fresh Draft Income Tax Order Non-Negotiable Post-Remand: Assessee Gets Relief

Enfinity Solar Solutions Pvt Ltd Vs DCIT (Madras High Court) Overview- The Madras High Court held that a fresh draft assessment order under Section 144C is mandatory even after ITAT remand, and failure to issue it renders the final assessment order invalid and without jurisdiction. The present writ appeal stems from an assessment proceeding involving a private limited company engaged in the business of solar power installations. Pursuant to scrutiny and reference to the Transfer Pricing Officer (TPO) under Section 92CA of the Income Tax Act, certain adjustments were proposed to the internation...