https://www.taxtmi.com/caselaws?id=796764 Sections 144C and 153 of the Income-tax Act operate together to govern completion of transfer-pricing assessments. Section 144C(13)'s non obstante clause requires prompt implementation of DRP directions but does not override the outer limitation period under Section 153. The final assessment order, not merely the draft assessment order, must be completed within the prescribed statutory period. A final order issued after that period is time-barred and void. Deferral of adjudication pending Supreme Court consideration of the issue is not warranted. en-us Fri, 30 Jan 2026 00:00:00 +0530 Mon, 10 Aug 2026 11:18:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796764 Sections 144C and 153 of the Income-tax Act operate together to govern completion of transfer-pricing assessments. Section 144C(13)'s non obstante clause requires prompt implementation of DRP directions but does not override the outer limitation period under Section 153. The final assessment order, not merely the draft assessment order, must be completed within the prescribed statutory period. A final order issued after that period is time-barred and void. Deferral of adjudication pending Supreme Court consideration of the issue is not warranted. Case-Laws Income Tax Fri, 30 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796764