2016 (5) TMI 1374

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....a, Advocate ORDER CM No. 17388/2016 (for early hearing) 1. With the consent of the parties, the appeal itself is taken up for hearing today. 2. The application is disposed of. ITA No. 148/2016 3. This appeal under Section 260A of the Income Tax Act, 1961 ('Act') is directed against the order dated 2nd December, 2015 passed by the Income Tax Appellate Tribunal ('ITAT') in ITA No. ....

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....e of Transfer Pricing adjustment. 6. In view of the fact that the ITAT had declined to adjudicate the Transfer Pricing issue because no addition has been made by the AO and considering that the AO passed a rectification order on 26th November 2015 making an adjustment on the Transfer Pricing issue, the Court sets aside the impugned order of the ITAT dated 2nd December 2015 and remands the appea....