https://www.taxtmi.com/caselaws?id=467249 Where the tribunal remitted transfer-pricing and related issues for fresh adjudication but the assessing authority failed to pass an order implementing that remand within the applicable statutory period, the analysis recognises that the time-limit for an order giving effect controls and, if not complied with, the returned income is treated as finally accepted, creating entitlement to refund of excess tax with refund interest. The court directed respondents to process the assessee's refund claim with applicable interest within three months, applying coordinate and division bench reasoning on the operative time-bar and finality consequences. en-us Thu, 11 Sep 2025 00:00:00 +0530 Tue, 10 Mar 2026 16:52:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467249 Where the tribunal remitted transfer-pricing and related issues for fresh adjudication but the assessing authority failed to pass an order implementing that remand within the applicable statutory period, the analysis recognises that the time-limit for an order giving effect controls and, if not complied with, the returned income is treated as finally accepted, creating entitlement to refund of excess tax with refund interest. The court directed respondents to process the assessee's refund claim with applicable interest within three months, applying coordinate and division bench reasoning on the operative time-bar and finality consequences. Case-Laws Income Tax Thu, 11 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467249