https://www.taxtmi.com/caselaws?id=415779 The Income Tax Appellate Tribunal (ITAT) ruled in favor of the assessee in a case concerning the jurisdiction of the Commissioner of Income Tax (CIT) under section 263 of the Income-tax Act. The ITAT held that the assessment orders were void in law due to the Assessing Officer's failure to comply with the Dispute Resolution Panel's (DRP) directions, rendering them non-existent. It was clarified that challenging the validity of assessment orders in collateral proceedings under section 263 was permissible when the orders were flawed. The ITAT allowed the appeals and declared the Stay Applications as infructuous on 17.11.2021. en-us Wed, 17 Nov 2021 00:00:00 +0530 Fri, 09 Sep 2022 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415779 The Income Tax Appellate Tribunal (ITAT) ruled in favor of the assessee in a case concerning the jurisdiction of the Commissioner of Income Tax (CIT) under section 263 of the Income-tax Act. The ITAT held that the assessment orders were void in law due to the Assessing Officer's failure to comply with the Dispute Resolution Panel's (DRP) directions, rendering them non-existent. It was clarified that challenging the validity of assessment orders in collateral proceedings under section 263 was permissible when the orders were flawed. The ITAT allowed the appeals and declared the Stay Applications as infructuous on 17.11.2021. Case-Laws Income Tax Wed, 17 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415779