https://www.taxtmi.com/caselaws?id=446107 Final assessment orders that do not incorporate the dispute resolution panel's (DRP) directions given to the transfer pricing officer are invalid; courts remand such matters so the assessing officer can apply the TPO's order reflecting the DRP directions. The reasoning rests on the statutory scheme requiring DRP directions to be given effect before a final assessment is framed, so failure to await or incorporate those directions leads to quashing of the assessment and restoration to the DRP/AO for fresh action. Result: remand for compliance with DRP directions and consequent amendment of assessment. en-us Thu, 23 Nov 2023 00:00:00 +0530 Tue, 03 Feb 2026 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446107 Final assessment orders that do not incorporate the dispute resolution panel's (DRP) directions given to the transfer pricing officer are invalid; courts remand such matters so the assessing officer can apply the TPO's order reflecting the DRP directions. The reasoning rests on the statutory scheme requiring DRP directions to be given effect before a final assessment is framed, so failure to await or incorporate those directions leads to quashing of the assessment and restoration to the DRP/AO for fresh action. Result: remand for compliance with DRP directions and consequent amendment of assessment. Case-Laws Income Tax Thu, 23 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446107