https://www.taxtmi.com/caselaws?id=760677 Karnataka HC quashed a Transfer Pricing Order (TPO) for lack of valid signature within the limitation period. The court held that the TPO order dated 31.07.2021 was neither digitally nor physically signed by the deadline, with physical signature only occurring on 12.08.2021 and portal upload on 16.08.2021. Despite generation of DIN number, the unsigned order on the limitation date rendered it invalid and legally non-existent. The subsequent draft assessment order was also quashed as illegal and arbitrary. en-us Tue, 13 Feb 2024 00:00:00 +0530 Fri, 25 Oct 2024 08:10:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760677 Karnataka HC quashed a Transfer Pricing Order (TPO) for lack of valid signature within the limitation period. The court held that the TPO order dated 31.07.2021 was neither digitally nor physically signed by the deadline, with physical signature only occurring on 12.08.2021 and portal upload on 16.08.2021. Despite generation of DIN number, the unsigned order on the limitation date rendered it invalid and legally non-existent. The subsequent draft assessment order was also quashed as illegal and arbitrary. Case-Laws Income Tax Tue, 13 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760677