https://www.taxtmi.com/caselaws?id=762839 ITAT Delhi held that the AO's final assessment order was not passed in accordance with DRP directions under section 144C. The AO initially passed an order dated 27/11/2014 within the statutory limitation period of 30/11/2014, but later received the TPO's order giving effect on 02/12/2014 and passed a corrected order on 04/12/2014. The tribunal found this constituted a technical lapse regarding section 144C provisions. Following the SC precedent in Asia Holdings case, the matter was remitted back to the AO to pass a proper order incorporating DRP directions as given effect by the TPO. The assessee's appeal was allowed for statistical purposes. en-us Thu, 19 Sep 2024 00:00:00 +0530 Fri, 06 Dec 2024 18:22:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762839 ITAT Delhi held that the AO's final assessment order was not passed in accordance with DRP directions under section 144C. The AO initially passed an order dated 27/11/2014 within the statutory limitation period of 30/11/2014, but later received the TPO's order giving effect on 02/12/2014 and passed a corrected order on 04/12/2014. The tribunal found this constituted a technical lapse regarding section 144C provisions. Following the SC precedent in Asia Holdings case, the matter was remitted back to the AO to pass a proper order incorporating DRP directions as given effect by the TPO. The assessee's appeal was allowed for statistical purposes. Case-Laws Income Tax Thu, 19 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762839