https://www.taxtmi.com/caselaws?id=303359 The Tribunal allowed the assessee's appeals for both assessment years, primarily due to the absence of a valid reference made by the Assessing Officer (AO) to the Transfer Pricing Officer (TPO) under Section 92CA(1) of the Income Tax Act. The assessment orders were deemed barred by limitation as the necessary reference was not fulfilled, rendering other issues raised by the assessee, such as determination of associated enterprises, transfer pricing adjustments, interest treatment, TDS credit, interest levy, and penalty proceedings, moot and not adjudicated. en-us Wed, 25 Oct 2017 00:00:00 +0530 Sun, 17 Jul 2022 17:32:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303359 The Tribunal allowed the assessee's appeals for both assessment years, primarily due to the absence of a valid reference made by the Assessing Officer (AO) to the Transfer Pricing Officer (TPO) under Section 92CA(1) of the Income Tax Act. The assessment orders were deemed barred by limitation as the necessary reference was not fulfilled, rendering other issues raised by the assessee, such as determination of associated enterprises, transfer pricing adjustments, interest treatment, TDS credit, interest levy, and penalty proceedings, moot and not adjudicated. Case-Laws Income Tax Wed, 25 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303359