HC Orders Fresh Assessment in Absence of Draft Assessment Order U.s, 144B

Devendran Coal International Private Limited Vs ITO (Madras High Court) In a recent development, the Madras High Court has passed a significant judgment in the case of Devendran Coal International Private Limited versus the Income Tax Officer (ITO). The court’s decision revolves around the assessment order dated 30.03.2022, which the petitioner found contentious. The assessment in question had initially been completed on 20.12.2019 under Section 143(3) of the Income Tax Act, 1961, following the petitioner’s filing of an Income Tax Return on 27.10.2017 under Section 139 of the same ...