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2023 (2) TMI 712 - KARNATAKA HIGH COURTAssessment u/s 144C - TP adjustments were not received in time and the AO has confirmed the draft assessment order and the same is in violation of Section 144C - HELD THAT:- As submission that under Section 144C of the IT Act, the Assessing Officer is bound by the directions issued by the DRP and required to pass the assessment order in conformity with the directions issued within one month from the end of month in which such directions are issued. ITAT has recorded that impugned order is not in conformity with the provisions of Section 144C of the IT Act and barred by time. Shri.Dilip's contention is, the AO has rightly passed the order within time. But it is relevant to note that the said order is not in conformity with Section 144C of the IT Act.
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