Delay in finalizing late objection: ITAT directs AO to finalize assessment order u/S 144C of Income Tax Act [Read Order]

Delay - finalizing late objection - ITAT - AO - finalize assessment - Income Tax Act - taxscan

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) directed the Assessing Officer to finalize the assessment order under Section 144C of the Income Tax Act, 1961 due to the delay in finalizing late objections. The draft of the Assessment Order in this particular case was issued on March 4, 2022. The assessee submitted…

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