https://www.taxtmi.com/caselaws?id=420355 The Tribunal allowed the appeal in ITA No. 8970/DEL/2019, finding the assessment order invalid and time-barred under sections 153 r.w.s 143(3) of the Income-tax Act, 1961 for Assessment Year 2016-17. The decision was based on the lack of variation in the income returned and the absence of an order from the Transfer Pricing Officer under section 92CA(3) of the Act. Consequently, the Tribunal did not delve into the merits of the case regarding taxability under the India-Cyprus tax treaty or the granting of interest under section 244A of the Act. en-us Mon, 07 Mar 2022 00:00:00 +0530 Fri, 01 Apr 2022 08:32:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420355 The Tribunal allowed the appeal in ITA No. 8970/DEL/2019, finding the assessment order invalid and time-barred under sections 153 r.w.s 143(3) of the Income-tax Act, 1961 for Assessment Year 2016-17. The decision was based on the lack of variation in the income returned and the absence of an order from the Transfer Pricing Officer under section 92CA(3) of the Act. Consequently, the Tribunal did not delve into the merits of the case regarding taxability under the India-Cyprus tax treaty or the granting of interest under section 244A of the Act. Case-Laws Income Tax Mon, 07 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420355