AdvertisementBarentz India Private Limited Vs Assessment Unit (Bombay High Court) The petitioner challenged the final assessment order dated 28.02.2025 passed under Section 143(3) read with Section 144B of the Income-tax Act, 1961, along with the demand notice issued under Section 156 and penalty notices issued under Section 274 read with Sections 271AA(1) and 270A for Assessment Year 2022-23. The petitioner’s principal contention was that it was an “eligible assessee” within the meaning of Section 144C(15)(b)(i) because the assessment involved an international transaction. Therefore, bef...