https://www.taxtmi.com/caselaws?id=190452 The High Court condoned the delay in re-filing the appeal, upheld the decision of the Income Tax Appellate Tribunal, and dismissed the appeal. It found the Assessing Officer lacked jurisdiction to issue notice under Section 148 of the Act and that the re-assessment proceedings were legally unsustainable due to the reference to the Transfer Pricing Officer being made without pending assessment proceedings. The Court emphasized the necessity of ongoing assessment proceedings before making references to the Transfer Pricing Officer, ultimately finding no substantial question of law to arise. en-us Mon, 14 Sep 2015 00:00:00 +0530 Thu, 16 Feb 2017 07:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190452 The High Court condoned the delay in re-filing the appeal, upheld the decision of the Income Tax Appellate Tribunal, and dismissed the appeal. It found the Assessing Officer lacked jurisdiction to issue notice under Section 148 of the Act and that the re-assessment proceedings were legally unsustainable due to the reference to the Transfer Pricing Officer being made without pending assessment proceedings. The Court emphasized the necessity of ongoing assessment proceedings before making references to the Transfer Pricing Officer, ultimately finding no substantial question of law to arise. Case-Laws Income Tax Mon, 14 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190452