https://www.taxtmi.com/highlights?id=68511 Validity of order u/s 92CA - time limit for passing of the TPO order - period of limitation - despite the fact that the reference made to the Ld. TPO is valid, in absence of a legally valid transfer pricing order and a valid draft assessment order, the Ld. AO cannot assume jurisdiction to proceed with the assessment under Section 144C of the Act and pass the consequential final assessment order. - the final assessment order passed is beyond the prescribed period of limitation u/s 153 - AT en-us Tue, 28 Feb 2023 11:37:09 +0530 Tue, 28 Feb 2023 11:37:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68511 Validity of order u/s 92CA - time limit for passing of the TPO order - period of limitation - despite the fact that the reference made to the Ld. TPO is valid, in absence of a legally valid transfer pricing order and a valid draft assessment order, the Ld. AO cannot assume jurisdiction to proceed with the assessment under Section 144C of the Act and pass the consequential final assessment order. - the final assessment order passed is beyond the prescribed period of limitation u/s 153 - AT Highlights Income Tax Tue, 28 Feb 2023 11:37:09 +0530 https://www.taxtmi.com/highlights?id=68511