https://www.taxtmi.com/caselaws?id=314205 Section 144C creates a mandatory, time-bound sequence for draft assessment, DRP objections and final assessment, and the Assessing Officer must complete the assessment in conformity with DRP directions within the prescribed period. Once an order under Section 92CA(4) is made, the TPO's role ends and the process does not permit renewed TPO proceedings after DRP directions. Because the final assessment was framed beyond the statutory limitation, it was held invalid and the challenge by the Revenue failed. en-us Mon, 05 Feb 2024 00:00:00 +0530 Mon, 03 Mar 2025 12:40:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314205 Section 144C creates a mandatory, time-bound sequence for draft assessment, DRP objections and final assessment, and the Assessing Officer must complete the assessment in conformity with DRP directions within the prescribed period. Once an order under Section 92CA(4) is made, the TPO's role ends and the process does not permit renewed TPO proceedings after DRP directions. Because the final assessment was framed beyond the statutory limitation, it was held invalid and the challenge by the Revenue failed. Case-Laws Income Tax Mon, 05 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314205