Objections to Draft Assessment Order filed beyond Statutory Time Limit: ITAT restores matter to DRP for Verification

The ITAT has restored a matter to the DRP for verification of objections filed against a draft assessment order beyond the statutory time limit. The assessee had raised an objection that the draft order was issued after the prescribed time frame. The ITAT emphasized the need for strict adherence to time limits under the Income Tax Act and restored the matter to the DRP for verification and further proceedings. This ruling upholds the taxpayer's right to challenge orders issued beyond statutory time limits, ensuring procedural fairness in assessments.