https://www.taxtmi.com/article/detailed?id=5402 The Dispute Resolution Panel issues directions on objections to draft transfer pricing assessments that are statutorily binding on the Assessing Officer, who must complete assessment in conformity with those directions without providing further hearing; failure to follow DRP directions and to act on a rectification application was held by the tribunal to be perverse and the tribunal directed a fresh assessment to be framed in conformity with the DRP directions. en-us Tue, 24 Dec 2013 06:22:53 +0530 Tue, 24 Dec 2013 06:22:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5402 The Dispute Resolution Panel issues directions on objections to draft transfer pricing assessments that are statutorily binding on the Assessing Officer, who must complete assessment in conformity with those directions without providing further hearing; failure to follow DRP directions and to act on a rectification application was held by the tribunal to be perverse and the tribunal directed a fresh assessment to be framed in conformity with the DRP directions. Articles Income Tax Tue, 24 Dec 2013 06:22:53 +0530 https://www.taxtmi.com/article/detailed?id=5402