2018 (10) TMI 873

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....i for the respondent. P.C. :- 1. This appeal challenges the order passed by the tribunal dated 25th March, 2015 for assessment year 2009-10. Mr.Suresh Kumar submits that the Revenue proposes the questions at page nos. 4 and 5 of the paper book as substantial questions of law. They squarely arise from the order of the tribunal. 2. To appreciate this argument, we must refer to the basic fac....

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....fficer and filed objections before the Dispute Resolution Panel. The Dispute Resolution Panel deleted certain comparables from the Transfer Pricing Officer's order, but maintained the rest. In terms of the directions of the Dispute Resolution Panel, the assessing officer passed the assessment order dated 20th October, 2013. 3. The Revenue being aggrieved thereby, filed an appeal to the trib....

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....mber, 2018 in Income Tax Appeal No. 406 of 2016. There, the assessee was a venture capital company. For a similar international transaction, the arms length price was to be determined and the Transfer Pricing Officer, inter alia, included Motilal Oswal Investment Advisors Pvt. Ltd. as a comparable. The aggrieved assessee approached the Dispute Resolution Panel, which deleted the instance of Motila....