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2015 (5) TMI 1198 - AT - Income TaxTP Adjustment - A.O. passed a draft assessment order - assessee filed objections before the Dispute Resolution Panel (D.R.P.). Thereafter the D.R.P. passed its order u/s 144C(5) of the Act. Thereafter the A.O. passed order u/s 143(3) read with section 144C - HELD THAT:- We find that the D.R.P. has not passed a speaking order in this case for both the A.Ys. The assessee has raised a number of contentions before the D.R.P. and none of these contentions were considered by the D.R.P. Under these circumstances we have no other alternative but to remand the matter back to the file of the D.R.P., with a direction that D.R.P. shall pass a speaking order on each and every contention raised by the assessee. It shall also give its views on various case laws cited by the assessee. In the result both these appeals are set aside to the file of the A.O. and are treated as allowed for statistical purposes.
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