ORDER

The captioned appeals filed by the assessee company are directed against the respective orders passed by the Assessing Officer (for short “A.O.”) u/s 143(3) r.w.s. 144C(13) r.w.s. 144B of the Income Tax Act, 1961 (for short “the Act”) dated 24.02.2020 and 20.01.2022 for A.Ys. 2018-19 and 2021-22, respectively. As common issues are involved in the present appeals, therefore, the same are being taken up and disposed off vide a consolidated order.

2. We shall first take up the appeal filed by the assessee company for A.Y. 2018-19 in ITA No.466/Hyd/2022, and the order therein passed shall apply mutatis mutandis for disposing off the other appeal i.e. No.1301/Hyd/2024 for A.Y. 2021-22. The assessee company has assailed the impugned order on the following grounds of appeal before us:

“1. On the facts and in the circumstances of the case and in law, the final assessment order passed by Ld. Assessing officer ('Ld. AO') pursuant to directions of the Dispute Resolution Panel ('Ld. Panel) under Section 143(3) read with Sections 144C (13) of the Act to the extent prejudicial to the Appellant, is bad in law and is liable to be quashed.

2. On the facts and in the circumstances of the c