ITAT Quashes Time-Barred Assessment Signed After Limitation

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, by its order dated 30 June 2026, quashed a transfer pricing assessment on the ground that the final assessment order, though dated 30 April 2024, was digitally signed only on 1 May 2024. 

Relying on the Delhi High Court's decision in Suman Jeet Agarwal and other judicial precedents, the Tribunal held that the assessment order became effective only upon digital signing and was therefore barred by limitation.