Dispute Resolution Panel Must Provide Clear Reasons for Decisions u/s 144C of the Income Tax Act. https://www.taxtmi.com/highlights?id=13768 Transfer pricing adjustment - when a quasi Judicial Authority like the DRP deals with lis u/s 144C then it is obligatory on its part to ascribe cogent and germane reasons as reasons are the heart and soul of the matter and facilitate the appreciation of the order when the order is called in question either before a superior forum or an Appellate forum. - AT en-us Thu, 08 Aug 2013 10:26:44 +0530 Thu, 08 Aug 2013 10:26:44 +0530 TaxTMI RSS Generator Dispute Resolution Panel Must Provide Clear Reasons for Decisions u/s 144C of the Income Tax Act. https://www.taxtmi.com/highlights?id=13768 Transfer pricing adjustment - when a quasi Judicial Authority like the DRP deals with lis u/s 144C then it is obligatory on its part to ascribe cogent and germane reasons as reasons are the heart and soul of the matter and facilitate the appreciation of the order when the order is called in question either before a superior forum or an Appellate forum. - AT Highlights Income Tax Thu, 08 Aug 2013 10:26:44 +0530 https://www.taxtmi.com/highlights?id=13768