https://www.taxtmi.com/caselaws?id=306816 The High Court dismissed the Writ Appeal challenging a transfer pricing order under the Income Tax Act for Assessment Year 2015-16, emphasizing the need to exhaust the remedy before the Dispute Resolution Panel (DRP) before seeking judicial intervention. The Court highlighted the importance of addressing all issues before the DRP and refrained from making observations on the assessment's merits to ensure a fair consideration by the DRP. The appellant was granted liberty to approach the DRP, with findings regarding the assessment's merits vacated for comprehensive review by the DRP. en-us Mon, 16 Aug 2021 00:00:00 +0530 Tue, 28 Feb 2023 08:38:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306816 The High Court dismissed the Writ Appeal challenging a transfer pricing order under the Income Tax Act for Assessment Year 2015-16, emphasizing the need to exhaust the remedy before the Dispute Resolution Panel (DRP) before seeking judicial intervention. The Court highlighted the importance of addressing all issues before the DRP and refrained from making observations on the assessment's merits to ensure a fair consideration by the DRP. The appellant was granted liberty to approach the DRP, with findings regarding the assessment's merits vacated for comprehensive review by the DRP. Case-Laws Income Tax Mon, 16 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306816