https://www.taxtmi.com/caselaws?id=424942 The court held that the reference to the Transfer Pricing Officer (TPO) made after the expiration of the 21-month period for assessment completion was invalid, rendering the assessment proceedings void. The court emphasized adherence to statutory timelines, ruling that the extended 33-month period is contingent upon a valid reference within the initial 21 months. The court also clarified that jurisdictional issues cannot be waived, allowing the appeal and granting the writ petition to quash the assessment proceedings. en-us Thu, 09 Jun 2022 00:00:00 +0530 Thu, 06 Oct 2022 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424942 The court held that the reference to the Transfer Pricing Officer (TPO) made after the expiration of the 21-month period for assessment completion was invalid, rendering the assessment proceedings void. The court emphasized adherence to statutory timelines, ruling that the extended 33-month period is contingent upon a valid reference within the initial 21 months. The court also clarified that jurisdictional issues cannot be waived, allowing the appeal and granting the writ petition to quash the assessment proceedings. Case-Laws Income Tax Thu, 09 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424942