https://www.taxtmi.com/caselaws?id=783424 The ITAT Bangalore allowed the appeal of the assessee, holding that the transfer pricing order passed u/s 92CA(3) was barred by limitation. Applying the statutory requirement that the TPO must pass the order at least 60 days prior to the expiry of the time limit for completion of assessment, the Tribunal computed the last permissible date as 29.01.2015. Since the TPO's order was actually passed on 30.01.2015, it was declared time-barred. Consequently, the TP adjustment founded on this invalid order was quashed in entirety. en-us Wed, 10 Dec 2025 00:00:00 +0530 Tue, 16 Dec 2025 08:19:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783424 The ITAT Bangalore allowed the appeal of the assessee, holding that the transfer pricing order passed u/s 92CA(3) was barred by limitation. Applying the statutory requirement that the TPO must pass the order at least 60 days prior to the expiry of the time limit for completion of assessment, the Tribunal computed the last permissible date as 29.01.2015. Since the TPO's order was actually passed on 30.01.2015, it was declared time-barred. Consequently, the TP adjustment founded on this invalid order was quashed in entirety. Case-Laws Income Tax Wed, 10 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783424