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2015 (1) TMI 353 - AT - Income TaxNon-speaking order by DRP - Determination of income u/s 44BB - Income from supervisory services - AO was of the view that the supply of the BTG equipment and supervisory services in respect of erection and commissioning of such equipment was a composite work contract and it cannot be divided and held one as contract for sale of equipment and another as contract for rendering of supervisory services - Held that:- The order of the DRP is cryptic and non-speaking without considering any submissions and arguments of the assessee - assessee's objection to the DRP is of more than 60 pages in which the assessee has not only dealt with the factual aspect but has also referred to the various decisions of the ITAT – DRP simply sustained the addition holding that the AO has taken the stand after detailed analysis of terms and contract entered into by the assessee - the order of the DRP needs to be set aside being cryptic and non-speaking – thus, the matter is to be remitted back to the AO – Decided in favour of assessee.
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