Assessing Officer passed draft assessment order which was accompanied with demand notice issued under section 156 and notice initiating penalty proceeding under section 271(1)(c), draft assessment order passed by Assessing Officer being contrary to provisions of section 144C could not survive in eyes of law. (AY. 2013-14)
Cisco Systems Services B.V. v. DCIT(IT) (2022) 193 ITD 809/220 TTJ 378/ 219 DTR 249 (Bang.)(Trib.)
S. 144C : Reference to dispute resolution panel-Draft assessment order with demand notice-Initiating penalty proceeding-Draft assessment order being contrary to provisions of section 144C could not survive in eyes of law. [S. 156, 271(1)(c)]