https://www.taxtmi.com/caselaws?id=269533 The court set aside the assessment order and its corrigendum for non-compliance with Section 144C of the Income Tax Act, emphasizing the mandatory nature of issuing a draft assessment order before finalizing assessments. The court also ruled that failure to refer the matter to the Transfer Pricing Officer (TPO) as per C.P.D.T. instructions was a violation of statutory provisions, directing the assessing authority to refer the matter to the TPO for proper assessment in accordance with regulations. en-us Mon, 12 Oct 2015 00:00:00 +0530 Tue, 03 May 2016 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269533 The court set aside the assessment order and its corrigendum for non-compliance with Section 144C of the Income Tax Act, emphasizing the mandatory nature of issuing a draft assessment order before finalizing assessments. The court also ruled that failure to refer the matter to the Transfer Pricing Officer (TPO) as per C.P.D.T. instructions was a violation of statutory provisions, directing the assessing authority to refer the matter to the TPO for proper assessment in accordance with regulations. Case-Laws Income Tax Mon, 12 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269533