https://www.taxtmi.com/caselaws?id=448513 The ITAT Delhi held that a final assessment order passed under section 144C was void due to limitation. The draft assessment order was passed on 04.03.2022, with the assessee filing objections before DRP on 06.04.2022, which was after the prescribed due date. The final assessment order was required to be passed by 31.05.2022 but was actually passed on 27.12.2022. Since the final order exceeded the statutory time limit under section 144C, the tribunal declared it barred by limitation and void. The AO should have proceeded under section 144C(4) given the late filing of objections. en-us Fri, 05 Jan 2024 00:00:00 +0530 Sat, 20 Jan 2024 08:23:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448513 The ITAT Delhi held that a final assessment order passed under section 144C was void due to limitation. The draft assessment order was passed on 04.03.2022, with the assessee filing objections before DRP on 06.04.2022, which was after the prescribed due date. The final assessment order was required to be passed by 31.05.2022 but was actually passed on 27.12.2022. Since the final order exceeded the statutory time limit under section 144C, the tribunal declared it barred by limitation and void. The AO should have proceeded under section 144C(4) given the late filing of objections. Case-Laws Income Tax Fri, 05 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448513