https://www.taxtmi.com/caselaws?id=774060 The Karnataka HC held that the AO's final assessment order passed on 18.02.2016 was invalid as it exceeded the mandatory time limit under Section 144C(13) of the IT Act. The AO received DRP directions on 29.12.2015 and was required to complete assessment within one month from December end, i.e., by 31.01.2016. The court ruled that the timeline under Section 144C(13) is mandatory with no discretion vested in the AO. The assessee's appeal was allowed. en-us Wed, 04 Jun 2025 00:00:00 +0530 Wed, 02 Jul 2025 08:42:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774060 The Karnataka HC held that the AO's final assessment order passed on 18.02.2016 was invalid as it exceeded the mandatory time limit under Section 144C(13) of the IT Act. The AO received DRP directions on 29.12.2015 and was required to complete assessment within one month from December end, i.e., by 31.01.2016. The court ruled that the timeline under Section 144C(13) is mandatory with no discretion vested in the AO. The assessee's appeal was allowed. Case-Laws Income Tax Wed, 04 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774060