Time-Barred Assessment Order – ITAT Bangalore Strikes Down TP Addition

Koch Business Solutions India Pvt. Ltd. Vs DCIT (ITAT Bangalore) Time-Barred Assessment Order – ITAT Bangalore Strikes Down TP Addition In the case of Koch Business Solutions India Pvt. Ltd., the Bangalore ITAT held that the final assessment order passed by the AO was barred by limitation under section 144C(13) and therefore liable to be quashed. The Tribunal first admitted the additional legal ground raised by the assessee, emphasizing that purely legal issues going to the root of the matter can be raised at any stage, especially when all facts are already on record. Relying on settled prin...