https://www.taxtmi.com/caselaws?id=786019 Validity of a reference to the Transfer Pricing Officer under the transfer pricing provisions was determined by applying the limitation regime: the proviso to the limitation provision extended the assessment period to 31.03.2021 for notices served on or after 01.04.2019, and pandemic relief extended the date further to 30.06.2021; approval for a TPO reference was recorded on 10.02.2021 but the actual reference was received by the TPO only on 13.01.2022. Because the reference was not made within the prescribed period for completion of assessment, the court found the subsequent TPO proceedings and draft assessment to be without jurisdiction and invalid. en-us Tue, 27 Jan 2026 00:00:00 +0530 Wed, 04 Feb 2026 08:24:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786019 Validity of a reference to the Transfer Pricing Officer under the transfer pricing provisions was determined by applying the limitation regime: the proviso to the limitation provision extended the assessment period to 31.03.2021 for notices served on or after 01.04.2019, and pandemic relief extended the date further to 30.06.2021; approval for a TPO reference was recorded on 10.02.2021 but the actual reference was received by the TPO only on 13.01.2022. Because the reference was not made within the prescribed period for completion of assessment, the court found the subsequent TPO proceedings and draft assessment to be without jurisdiction and invalid. Case-Laws Income Tax Tue, 27 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786019