The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed the final assessment order holding that the Assessing Officer (AO) lacked jurisdiction to invoke Dispute Resolution Panel (DRP) mechanism under Section 144C in the absence of any transfer pricing variation. The bench of Sudhir Kumar (Judicial Member) and S. Rifaur Rahman (Accountant Member)…
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DRP Route Inapplicable Where TPO Proposes No TP Adjustment: ITAT
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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