https://www.taxtmi.com/caselaws?id=379804 The Tribunal allowed the assessee's appeal, quashing the assessment order dated 24.03.2016 and holding it to be a legal nullity. The Tribunal emphasized the importance of following the mandatory procedures under Section 144C of the Income Tax Act, stating that failure to do so renders the assessment order null and void. Consequently, the grounds related to transfer pricing adjustments, methodology, and the levy of interest were not adjudicated due to the quashing of the assessment order. en-us Tue, 30 Apr 2019 00:00:00 +0530 Tue, 07 May 2019 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379804 The Tribunal allowed the assessee's appeal, quashing the assessment order dated 24.03.2016 and holding it to be a legal nullity. The Tribunal emphasized the importance of following the mandatory procedures under Section 144C of the Income Tax Act, stating that failure to do so renders the assessment order null and void. Consequently, the grounds related to transfer pricing adjustments, methodology, and the levy of interest were not adjudicated due to the quashing of the assessment order. Case-Laws Income Tax Tue, 30 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379804