Final assessment order time barred in terms of section 144C(13) of Income Tax Act

Microsoft Corporation (India) P. Ltd. Vs DCIT (ITAT Delhi) ITAT Delhi held that on the date of receipt of DRP direction, the due date in terms of section 144C(13) of the Income Tax Act would start reckoning from that date. Hence, the final assessment order passed by the DCIT after one month from end of the month in which direction of DRP is received is barred by limitation. Facts- Assessee has preferred the present appeal mainly assailing validity of final assessment order dated 30.06.2022 on the ground of limitation. It is contested that the Dispute Resolution Panel (DRP) issued directions u...