Section 144C(13) Breach: ITAT Quashes DRP-Based Assessment as Time-Barred Beyond One Month

Giesecke & Devrient (India) Pvt. Ltd. Vs ACIT (ITAT Delhi) Assessment Time-Barred Under Section 144C(13): ITAT Quashes DRP-Based Order Passed Beyond One-Month Limit The Delhi Bench “H” of the ITAT, in Giesecke & Devrient (India) Pvt. Ltd. v. ACIT (AY 2018-19), quashed the final assessment order passed under section 143(3) read with section 144C(13) as barred by limitation, holding that the statutory timeline prescribed under section 144C(13) is mandatory and non-negotiable. In this case, the DRP directions dated 17.03.2022 were uploaded on the ITBA portal on 30.03.2022. However, th...