Assessee company incorporated in Singapore was engaged in business of ship owning and borrowing, charting and related business .  Assessee had appointed one ISSPL in India to render port agent services required at ports in India for certain vessels on assessee’s behalf – Agent in India of assessee had filed vessel voyages return .  Assessing Officer held that freight receipts of assessee were taxable in India and passed an order under section 172(4) accordingly .On appeal the assessee  contended that passing of final assessment order under section 172(4) without first issuing a draft of proposed order was not in accordance with express provisions of law contained in section 144C, thus, assessment made in case of assessee was bad in law . The Tribunal held that  Assessing Officer ought to have first forwarded a draft assessment order under section 172(2) before passing final assessment order under section 172(4) . Therefore, matter was to be remanded back to file of Assessing Officer for framing fresh assessment order under section 172(4) after following path envisaged in section 144C of the Act .  (AY. 2017-18)