Section 144C in The Income Tax Act, 1961
144C. [ Rererence to dispute resolution panel. [ Inserted by Act 33 of 2009, Section
Delhi Television Ltd, Vs.ACIT,
ld AO) passed u/s 144 read with section 144C(13) of the Income Tax Act, 1961 in
pursuance ... order.
7. Consequently, the ld Assessing Officer passed order u/s 144 read with section
144C(13) of the Income Tax Act on 21.02.2014 determining
orders passed by
ACIT, Circle-17(1), Hyderabad under section 143(3) r.w.s.144C(5) of the
I.T. Act, 1961 . The first ... concerning the power of DRP, it referred to
the provisions of section 144C of the Act to point out that the DRP is
empowered
Section 70 in Finance Act, 2020
70. Amendment of section 144C.
- In section 144C of the Income-tax Act,- (a) in sub-section
passed under sub-Section (3) of Section 92CA; and
(ii) any foreign company."
10. The proceedings envisaged under Section 144C (2) is that ... Section 153 or
Section 153B , without providing any further opportunity of being heard to
the Assessee. It is further stipulated under Section 144C (13) that
under sub-section (2) by the
eligible assessee.
The following sub-section (14A) shall be inserted after sub-
section (14) of section 144C ... limitation enshrined in section 153 of the Act and provisions of section
153 are not made subject to provisions of section 144C
return so furnished. (5) Notwithstanding anything contained in section 153 or section 153B or section 144C,— (a) the order under sub-section (3) shall ... under sub-section (1) is furnished; (b) the period of limitation as provided in section 153 or section 153B or section 144C for completion
returned income of an eligible assessee,
as noted, sub-section (1) of Section 144C lays down the
procedure to be followed notwithstanding anything ... anything to the contrary contained in the Act'. Sub-section (5)
of Section 144C empowers the DRP to issue directions to the
Assessing Officer
before
issuing the directions referred to in sub-section (5). Sub-
section (8) of Section 144C recognizes wide powers of the
DRP to confirm, reduce ... issue any direction under sub-
section (5) for further inquiry. As per sub-section (10) of
Section 144C, every direction issued by the DRP would
assessee' can be found in clause (b) to sub- section
15 of Sec. 144C of the Act, which reads as under ... Notably, sub-clause (i) of
clause (b) of sub- section 15 of Sec. 144C of the Act refers to a 'person' in
whose