Case Law Analysis
|Income Tax Appellate Tribunal
Section 144C(13) IT Act | Final Assessment Order Must Strictly Comply with DRP Directions : ITAT Bangalore
ITAT Bangalore sets aside an assessment order for failing to adhere to Dispute Resolution Panel (DRP) directions under Section 144C(13) of the Income Tax Act. The ruling reinforces that final assessments must strictly conform to DRP mandates, impacting transfer pricing adjustments and statutory compliance for taxpayers.