Objections Filed Before Wrong AO by Mistake Can’t Defeat Right to DRP Adjudication

Milacron India Private Limited Vs Assessment Unit (Gujarat High Court) The Gujarat High Court examined the legality of a final assessment order passed for Assessment Year 2022–23 under the Income-tax Act, 1961, where the statutory procedure prescribed under section 144C was not followed. The petitioner had filed its return of income declaring total income of ₹2,38,68,25,940, and the case was selected for scrutiny due to significant international transactions and transfer pricing risk. The matter was referred to the Transfer Pricing Officer, who proposed an upward adjustment of ₹12,68,130...