No Draft Assessment Order prepared as contemplated u/s 144 B of Income Tax Act and copy of draft Assessment Order not furnished: Kerala HC sets aside Assessment Order [Read Order]

Kerala High Court has set aside the assessment order as no draft assessment order was prepared as mandated under Section 144B of the Income Tax Act, 1961, and a copy of the draft assessment order was not provided
Kerala High Court - assessment order - Kerala High Court assessment order - taxscan

The Kerala High Court has set aside the assessment order as no draft assessment order was prepared as mandated under Section 144B of the Income Tax Act, 1961, and a copy of the draft assessment order was not provided. A petitioner involved in the money lending business through various proprietorship concerns, with a focus on…

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