Dismissing the appeal of the revenue the Court held that , when the time for passing the final order has expired , which was sought to be corrected by issue of corrigendum. Court held that as the time to pass draft assessment order had expired ,order passed was without jurisdiction. ( AY.2007 -08)
PCIT v. Lionbridge Technologies ( P) Ltd ( 2018) 100 taxmann.com 413/( 2019) 260 Taxman 273 / 173 DTR 281/ 306 CTR 335 ( Bom) (HC)
S. 144C : Reference to dispute resolution panel – Final order passed by the AO which was sought to be corrected by issue of corrigendum – Time to pass draft assessment order had expired – Order passed was without jurisdiction.[ S.92C, 153A(2A) ]