https://www.taxtmi.com/caselaws?id=303343 The court dismissed the writ petition, holding that the assessment was completed within the extended time limit of 33 months as provided under the second proviso to Section 153(1) of the Income Tax Act, 1961. The reference to the Transfer Pricing Officer (TPO) was deemed valid, and the petitioner was estopped from challenging the jurisdiction of the authorities. The court emphasized equitable interpretation of the Income Tax Act provisions and found the petitioner's arguments lacking merit. en-us Fri, 11 Jun 2021 00:00:00 +0530 Thu, 06 Oct 2022 14:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303343 The court dismissed the writ petition, holding that the assessment was completed within the extended time limit of 33 months as provided under the second proviso to Section 153(1) of the Income Tax Act, 1961. The reference to the Transfer Pricing Officer (TPO) was deemed valid, and the petitioner was estopped from challenging the jurisdiction of the authorities. The court emphasized equitable interpretation of the Income Tax Act provisions and found the petitioner's arguments lacking merit. Case-Laws Income Tax Fri, 11 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303343