https://www.taxtmi.com/caselaws?id=437990 The Tribunal allowed the appeal of the assessee, holding that the Transfer Pricing Order (TPO) and subsequent draft and final assessment orders were barred by limitation and void ab initio. The Tribunal emphasized the importance of adhering to prescribed time frames for TPO orders and assessment proceedings, citing relevant case law. As a result, the eligibility of the assessee under Section 144C was affected, rendering the assessment orders invalid. The Tribunal dismissed the Revenue's arguments and did not address other grounds raised by the assessee on the merits of the additions. en-us Fri, 24 Mar 2023 00:00:00 +0530 Wed, 20 Sep 2023 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437990 The Tribunal allowed the appeal of the assessee, holding that the Transfer Pricing Order (TPO) and subsequent draft and final assessment orders were barred by limitation and void ab initio. The Tribunal emphasized the importance of adhering to prescribed time frames for TPO orders and assessment proceedings, citing relevant case law. As a result, the eligibility of the assessee under Section 144C was affected, rendering the assessment orders invalid. The Tribunal dismissed the Revenue's arguments and did not address other grounds raised by the assessee on the merits of the additions. Case-Laws Income Tax Fri, 24 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437990