https://www.taxtmi.com/caselaws?id=769921 ITAT Mumbai quashed the final assessment order passed under sections 143(3) read with 144C(13) and 144B as it was not in conformity with DRP directions under section 144C(5), which are binding on the AO. The tribunal relied on precedents including ESPN Star Sports Mauritius and Olympus Medical Systems cases. Regarding franchise fees adjustment, the tribunal deleted the TPO's nil determination as it violated mandatory procedures under Rules 10B(1)(a) and 10C for identifying appropriate methods. For section 80G deduction disallowance, the tribunal remanded the matter directing the AO to allow deduction subject to fulfilling requisite conditions, noting CSR expenditure restrictions under section 37 don't apply to section 80G. en-us Tue, 01 Apr 2025 00:00:00 +0530 Wed, 30 Apr 2025 13:05:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769921 ITAT Mumbai quashed the final assessment order passed under sections 143(3) read with 144C(13) and 144B as it was not in conformity with DRP directions under section 144C(5), which are binding on the AO. The tribunal relied on precedents including ESPN Star Sports Mauritius and Olympus Medical Systems cases. Regarding franchise fees adjustment, the tribunal deleted the TPO's nil determination as it violated mandatory procedures under Rules 10B(1)(a) and 10C for identifying appropriate methods. For section 80G deduction disallowance, the tribunal remanded the matter directing the AO to allow deduction subject to fulfilling requisite conditions, noting CSR expenditure restrictions under section 37 don't apply to section 80G. Case-Laws Income Tax Tue, 01 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769921