The ITAT Hyderabad has held that Disputes Resolution Panel (DRP) timeline can’t override statutory limitation. The bench of Vijay Pal Rao (Vice President) and Madhusudan Sawdia (Accountant Member) has observed that the final assessment order dated 18.10.2024 was time-barred, since in a TPO-reference case the outer limitation under Section 153(1) r/w 153(4) expired on 31.12.2023….
