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Case lawHigh Court › GE Oil & Gas India P Ltd v Addl/Jt/Dy/Asst CIT
High CourtCuts both waysValidity unconfirmeds.144Bs.144Cs.143(3)s.92CAs.153

GE Oil & Gas India P Ltd v Addl/Jt/Dy/Asst CIT

You are an eligible assessee with a transfer pricing adjustment and the faceless unit passed a final order instead of a draft. What relief will the court give?

You are an eligible assessee with a transfer pricing adjustment and the faceless unit passed a final order instead of a draft. What relief will the court give?

The order goes, but not always as a clean quashing. The Madras High Court set aside a final order passed three days after the show cause notice cum draft assessment order and directed that the impugned order be treated as a draft assessment order, leaving the assessee to work out its remedies against it under s.144B.

Decided by the High Court (C. Saravanan J) on 2023-09-08, reported as W.P. No. 24679 of 2021 and W.M.P. Nos. 25976 and 25977 of 2021 (Madras High Court). It bears on section 144B, section 144C, section 143(3), section 92CA, section 153 of the Income Tax Act 1961, in Faceless Assessment & Appeals and Assessment & Scrutiny matters.

Validity check could not be completed. No search was made for any appeal from this judgment or for later decisions treating it.

Why it matters

It is the case to read before assuming that a s.144B breach gets you a clean escape. The relief was moulded so that the assessment neither stood nor abated, and the Court expressly reasoned that since limitation had not expired the assessment could not abate. Practitioners hoping to run out the clock should understand this line.

Binding within that High Court's jurisdiction. Persuasive elsewhere.

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Related

Other authorities on the same sections.