https://www.taxtmi.com/caselaws?id=256662 The Tribunal held that the Assessing Officer lacked jurisdiction to issue a notice under section 148 of the Income Tax Act, leading to the quashing of the subsequent assessment order. Consequently, various issues raised by the appellant regarding transfer pricing adjustments, calculation errors, penalty proceedings, and interest obligations were not adjudicated as they became academic. The appeal of the assessee was allowed based on the invalidity of the notice under section 148. en-us Mon, 02 Feb 2015 00:00:00 +0530 Thu, 19 Feb 2015 09:00:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256662 The Tribunal held that the Assessing Officer lacked jurisdiction to issue a notice under section 148 of the Income Tax Act, leading to the quashing of the subsequent assessment order. Consequently, various issues raised by the appellant regarding transfer pricing adjustments, calculation errors, penalty proceedings, and interest obligations were not adjudicated as they became academic. The appeal of the assessee was allowed based on the invalidity of the notice under section 148. Case-Laws Income Tax Mon, 02 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256662