Section\u00a0144C\u00a0of the\u00a0Income-tax Act, 1961\u00a0is not a substantive provision. It is a machinery provision which has been incorporated for the benefit of the assessees including eligible assessees. A non-resident has been included in the definition of \u201celigible assessee\u201d under section\u00a0144C(15)(b)(ii)\u00a0with effect from April 1, 2020 and, therefore, assessment proceedings in respect of a non-resident undertaken after that date are to be governed under the provisions of section\u00a0144C. Held, that the assessment proceedings had been finalised under section\u00a0144C\u00a0which is a machinery provision and in fact beneficial to the assessee. The final order of assessment had been passed strictly in accordance with the provisions of section\u00a0144C\u00a0and the general provisions of section\u00a0153\u00a0or\u00a0153B\u00a0would not be applicable. Further, the assessee had never raised objection in respect of the assessee not being covered within the provisions of section\u00a0144C\u00a0before the assessing authority, which was evident from the assessment order itself. The order of assessment was valid.(AY.2018-19)(SJ)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 144C : Reference to dispute resolution panel-Assessment-Faceless assessment-Amendment with effect from 1-4-2020-Not a substantive provision-Machinery provision which has been incorporated for the benefit of the assessees including eligible assessee-Assessment proceedings after 1-4-2020, amendment is applicable-Assessment is held to be valid.[S.143(3), 144C(15)(b) (ii), Art. 226] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-46263","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-c2b","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/46263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=46263"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/46263\/revisions"}],"predecessor-version":[{"id":46264,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/46263\/revisions\/46264"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=46263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=46263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=46263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}