https://www.taxtmi.com/highlights?id=72189 Validity of order passed u/s 92CA - Transfer Pricing - Since the ld. TPO order has been passed on 30/10/2015 which is clearly barred by limitation by one day by virtue of time limit provided u/s. 92CA (3) and consequently, the same has to be treated as bad in law and the same is hereby quashed. Thus, in such a situation, if there is no TPO order, consequently the entire transfer pricing adjustment proposed by the ld. TPO in international transaction becomes non-est and to be quashed and being barred by limitation. - AT en-us Sat, 23 Sep 2023 09:45:24 +0530 Sat, 23 Sep 2023 09:45:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72189 Validity of order passed u/s 92CA - Transfer Pricing - Since the ld. TPO order has been passed on 30/10/2015 which is clearly barred by limitation by one day by virtue of time limit provided u/s. 92CA (3) and consequently, the same has to be treated as bad in law and the same is hereby quashed. Thus, in such a situation, if there is no TPO order, consequently the entire transfer pricing adjustment proposed by the ld. TPO in international transaction becomes non-est and to be quashed and being barred by limitation. - AT Highlights Income Tax Sat, 23 Sep 2023 09:45:24 +0530 https://www.taxtmi.com/highlights?id=72189