https://www.taxtmi.com/caselaws?id=443216 The Tribunal upheld the Dispute Resolution Panel's decision to dismiss the assessee's objection for being filed beyond the statutory 30-day period as per section 144C(2)(b)(ii) of the Income Tax Act, 1961. The Tribunal confirmed that the DRP lacks the authority to condone delays in filing objections, rendering the objection non-maintainable. Consequently, the Assessing Officer's final assessment order was deemed valid. The Tribunal dismissed the appeal, noting that the assessee retains the option to challenge the final assessment order before the Commissioner of Income Tax (Appeals) with appropriate condonation of delay. en-us Fri, 15 Sep 2023 00:00:00 +0530 Wed, 04 Dec 2024 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443216 The Tribunal upheld the Dispute Resolution Panel's decision to dismiss the assessee's objection for being filed beyond the statutory 30-day period as per section 144C(2)(b)(ii) of the Income Tax Act, 1961. The Tribunal confirmed that the DRP lacks the authority to condone delays in filing objections, rendering the objection non-maintainable. Consequently, the Assessing Officer's final assessment order was deemed valid. The Tribunal dismissed the appeal, noting that the assessee retains the option to challenge the final assessment order before the Commissioner of Income Tax (Appeals) with appropriate condonation of delay. Case-Laws Income Tax Fri, 15 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443216