https://www.taxtmi.com/caselaws?id=780515 HC held that Section 144C(13) is mandatory and the AO was bound to complete the assessment in conformity with DRP directions within one month from the end of the month in which those directions were received. The AO failed to comply with the statutory timeline for giving effect to DRP directions dated 19 March 2020, rendering the remand proceedings and the transfer pricing addition time-barred. The transfer pricing adjustment is declared non est; the AO is directed to recompute the taxpayer's income for AY 2011-12 excluding that adjustment and refund any resulting amount with statutory interest within eight weeks of the order being uploaded. en-us Tue, 14 Oct 2025 00:00:00 +0530 Fri, 31 Oct 2025 08:23:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780515 HC held that Section 144C(13) is mandatory and the AO was bound to complete the assessment in conformity with DRP directions within one month from the end of the month in which those directions were received. The AO failed to comply with the statutory timeline for giving effect to DRP directions dated 19 March 2020, rendering the remand proceedings and the transfer pricing addition time-barred. The transfer pricing adjustment is declared non est; the AO is directed to recompute the taxpayer's income for AY 2011-12 excluding that adjustment and refund any resulting amount with statutory interest within eight weeks of the order being uploaded. Case-Laws Income Tax Tue, 14 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780515