Assessment Order could not be void in case if it was passed by AO in contravention of the mandate laid down in sec 245R(2)(i)

Think and Learn Private Limited Vs PCIT (ITAT Bangalore) Conclusion: An assessment order passed by an Assessing Officer, deciding on an issue pending before the AAR, in contravention of the mandate laid down in Section 245R(2)(i) of the Income Tax Act, 1961, would not make the entire assessment order void. Held: PCIT, under section 263  was of the view that the action of the AO in passing the order dated 24.12.2019 under section 143(3) for Assessment Year 2017-18 was erroneous and prejudicial to the interest of the Revenue because as per the provisions of section 245R(a)(i), the AO shall not ...