https://www.taxtmi.com/caselaws?id=459500 Objections filed under Section 144C(1) against a draft assessment order must be considered by the Dispute Resolution Panel before final assessment is completed. Where the objections were already pending before the DRP and the assessing officer proceeded to pass the assessment order meanwhile, the continuation of proceedings caused serious prejudice, particularly in a transfer pricing matter. The assessment order was therefore quashed, and the assessing officer was directed to await the DRP's decision before passing a fresh order. en-us Fri, 22 Mar 2024 00:00:00 +0530 Tue, 17 Dec 2024 08:41:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459500 Objections filed under Section 144C(1) against a draft assessment order must be considered by the Dispute Resolution Panel before final assessment is completed. Where the objections were already pending before the DRP and the assessing officer proceeded to pass the assessment order meanwhile, the continuation of proceedings caused serious prejudice, particularly in a transfer pricing matter. The assessment order was therefore quashed, and the assessing officer was directed to await the DRP's decision before passing a fresh order. Case-Laws Income Tax Fri, 22 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459500