https://www.taxtmi.com/caselaws?id=754906 ITAT Hyderabad remanded multiple issues to CIT(A) for fresh consideration after finding that the lower authority failed to properly adjudicate the grounds raised by the assessee. The tribunal held that CIT(A) erroneously decided on three ESOP-related issues when the assessee's rectification application concerned only professional fees. Similarly, CIT(A) inadequately addressed transfer pricing grounds regarding comparable selection, income computation, and various adjustments by treating them as a single issue. The tribunal also remanded section 14A disallowance matters, noting CIT(A)'s cryptic order failed to address the assessee's submissions regarding foreign dividend income under section 115BB. All grounds were allowed for statistical purposes with directions for de novo consideration following principles of natural justice. en-us Thu, 20 Jun 2024 00:00:00 +0530 Mon, 01 Jul 2024 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754906 ITAT Hyderabad remanded multiple issues to CIT(A) for fresh consideration after finding that the lower authority failed to properly adjudicate the grounds raised by the assessee. The tribunal held that CIT(A) erroneously decided on three ESOP-related issues when the assessee's rectification application concerned only professional fees. Similarly, CIT(A) inadequately addressed transfer pricing grounds regarding comparable selection, income computation, and various adjustments by treating them as a single issue. The tribunal also remanded section 14A disallowance matters, noting CIT(A)'s cryptic order failed to address the assessee's submissions regarding foreign dividend income under section 115BB. All grounds were allowed for statistical purposes with directions for de novo consideration following principles of natural justice. Case-Laws Income Tax Thu, 20 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754906