https://www.taxtmi.com/caselaws?id=448094 ITAT Mumbai held that an assessment order passed under section 144C was barred by limitation. The Dispute Resolution Panel's direction was communicated to the assessee on 14 June 2022, and the AO was required to complete the assessment within one month from receiving the direction per section 144C(13). Since the revenue did not dispute that the AO received the direction by 30 June 2022, the assessment order dated 1 August 2022 exceeded the statutory time limit. The ITAT quashed the assessment order and allowed the assessee's appeal on this ground. en-us Tue, 09 Jan 2024 00:00:00 +0530 Wed, 10 Jan 2024 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448094 ITAT Mumbai held that an assessment order passed under section 144C was barred by limitation. The Dispute Resolution Panel's direction was communicated to the assessee on 14 June 2022, and the AO was required to complete the assessment within one month from receiving the direction per section 144C(13). Since the revenue did not dispute that the AO received the direction by 30 June 2022, the assessment order dated 1 August 2022 exceeded the statutory time limit. The ITAT quashed the assessment order and allowed the assessee's appeal on this ground. Case-Laws Income Tax Tue, 09 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448094