https://www.taxtmi.com/caselaws?id=202898 The Tribunal set aside the assessment order and remanded the case back to the Dispute Resolution Panel for reevaluation. The issues of Transfer Pricing Adjustment, Disallowance under Section 14A, Disallowance under Sections 40(a)(i) and 40(a)(ia), and the non-issuance of a Speaking Order by the DRP were remanded for further review. The Tribunal directed the DRP to provide detailed reasons for its decisions. Penalty proceedings under Section 271(1)(c) were not explicitly addressed but were implied to be dependent on the resolution of the aforementioned issues. The appeal by the assessee was considered allowed for statistical purposes. en-us Mon, 31 Jan 2011 00:00:00 +0530 Sat, 23 Apr 2011 08:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202898 The Tribunal set aside the assessment order and remanded the case back to the Dispute Resolution Panel for reevaluation. The issues of Transfer Pricing Adjustment, Disallowance under Section 14A, Disallowance under Sections 40(a)(i) and 40(a)(ia), and the non-issuance of a Speaking Order by the DRP were remanded for further review. The Tribunal directed the DRP to provide detailed reasons for its decisions. Penalty proceedings under Section 271(1)(c) were not explicitly addressed but were implied to be dependent on the resolution of the aforementioned issues. The appeal by the assessee was considered allowed for statistical purposes. Case-Laws Income Tax Mon, 31 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202898