Section 144C Can’t Extend Limitation: TP Assessment Quashed as Time-Barred

Shakti Hormann Private Limited Vs DCIT (ITAT Hyderabad)

144C Is Not a Time-Extender: TP Assessment Quashed as Time-Barred- Draft Order in Time Won’t Save Final Order: DRP Route Can’t Beat Section 153;

The Hyderabad ITAT allowed the Assessee’s appeal on the legal issue and quashed the final assessment order as time-barred, holding that Please become a Premium member. If you are already a Premium member, login here to access the full content.