Section 144C(2)(b)(ii): Final assessment order cannot be passed without waiting for directions from DRP

De Diamond Electric India Private Limited Vs Assessment Unit, National faceless Assessment Centre (Delhi High Court) The case of De Diamond Electric India Private Limited vs. Assessment Unit, National Faceless Assessment Centre before the Delhi High Court concerns the challenge against a final assessment order dated November 16, 2023, passed under various sections of the Income Tax Act, 1961, along with notices of demand and penalty for the assessment year 2020-21. The petitioner argued that they had filed detailed objections before the Dispute Resolution Panel (DRP) on October 27, 2023, and t...