https://www.taxtmi.com/caselaws?id=788732 Where a remanded transfer pricing assessment fell within section 144C of the Income-tax Act, 1961, the Assessing Officer was required to issue a draft assessment order before passing the final order. The omission to do so deprived the assessee of the statutory right to approach the Dispute Resolution Panel, and the defect was held to vitiate the assessment proceedings. The tribunal treated the remand as fresh assessment proceedings, admitted the additional legal ground, and held that non-compliance with section 144C(1) was not a mere irregularity or curable procedural lapse. The assessments were therefore invalid. en-us Wed, 25 Mar 2026 00:00:00 +0530 Fri, 27 Mar 2026 08:52:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788732 Where a remanded transfer pricing assessment fell within section 144C of the Income-tax Act, 1961, the Assessing Officer was required to issue a draft assessment order before passing the final order. The omission to do so deprived the assessee of the statutory right to approach the Dispute Resolution Panel, and the defect was held to vitiate the assessment proceedings. The tribunal treated the remand as fresh assessment proceedings, admitted the additional legal ground, and held that non-compliance with section 144C(1) was not a mere irregularity or curable procedural lapse. The assessments were therefore invalid. Case-Laws Income Tax Wed, 25 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788732