https://www.taxtmi.com/highlights?id=50682 Rectification u/s 154 - AO rectified the original assessment order deleting the entire Transfer Pricing adjustment - as per the binding section i.e. Section 144C(10) of the Act, the mandatory provision was not followed by the Assessing Officer, thereby it is binding on the Assessing Officer to follow the directions of the DRP. Therefore, the assessment becomes null and void. en-us Thu, 12 Dec 2019 16:27:05 +0530 Thu, 12 Dec 2019 16:27:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50682 Rectification u/s 154 - AO rectified the original assessment order deleting the entire Transfer Pricing adjustment - as per the binding section i.e. Section 144C(10) of the Act, the mandatory provision was not followed by the Assessing Officer, thereby it is binding on the Assessing Officer to follow the directions of the DRP. Therefore, the assessment becomes null and void. Highlights Income Tax Thu, 12 Dec 2019 16:27:05 +0530 https://www.taxtmi.com/highlights?id=50682