Delhi HC Clarifies Date of Receipt of DRP Directions under Section 144C(5)

CIT International Taxation-2 Vs Hyundai Rotem Company (Delhi High Court) Delhi HC order on What constitutes date of receipt of DRP directions under Section 144C(5) of the IT Act for computing the limitation period for passing the final assessment order under Section 144C(13) Summary: The Delhi High Court, in the case of CIT International Taxation-2 Vs Hyundai Rotem Company, addressed the critical issue of determining the “date of receipt” of Dispute Resolution Panel (DRP) directions for calculating the limitation period for the Assessing Officer (AO) to pass the final assessment or...