2018 (5) TMI 1928

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....by : Ms. Meeta Sinha, CIT DR ORDER N. K. Saini, This is an appeal by the department against the order dated 30.12.2015 passed by the AO u/s 143(3) r.w.s. 92CA(3) of the Income Tax Act, 1961 (hereinafter referred to as the Act).    2. Following grounds have been raised in this appeal: "1. That the directions of the Hon'ble DRP are erroneous & contrary to facts & law."....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ferred the matter to the TPO in terms of Section 92C of the Act and the TPO vide order dated 15.12.2014 proposed an adjustment of Rs. 3,42,12,432/-. The AO thereafter passed the draft assessment order dated 16.02.2015. Against the said order, the assessee filed the objections before the ld. DRP and stated that no relief was allowed on the working capital adjustment.    5. The ld. DRP ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....galore- ITAT)  Mercer Consulting India (P) Ltd.[TS-170-ITAT2014(DEL)] ITAT Capgemini India Private Limited  [TS-45-ITAT-2013(Mum)-TP]  Micro ink Ltd [T5-216-ITAT-2013(Ahd)-TP]   6. The ld. DRP accordingly directed the TPO to make the working capital adjustment for improving comparability and also directed the assessee to provide the TPO with reliab....