2016 (5) TMI 1621

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....sh Jain, Senior Standing counsel & Mr. Arun Khatri, Advocate ORDER 1. The grievance of the Assessee in this appeal against the order dated 2nd December 2015 passed by the Income Tax Appellate Tribunal ("ITAT") in ITA No. 1427/Del/2014 for the Assessment Year ("AY") 2009-10 is in respect of comparables and working capital adjustment. While following its order dated 18th February 2015 for the ....

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....tment. The Appellant is seeking greater clarity only as regards the issue concerning comparables. The Court finds that in para 14 of the impugned order, specific reference has been made by the ITAT to paras 10 and 11 of the previous order dated 18th February 2015. Mr. Chopra states that it should be clarified that the AO/TPO will act in accordance with the directions issued in para 11 of the previ....

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.... shall deal with the same by way of a speaking order in accordance with the law. All other issues raised by the assessee, in the light of the above directions, are academic." 4. It is accordingly directed that the AO/TPO will proceed, as far as the AY in question is concerned, i.e. 2009-2010 in accordance with para 11 of the aforementioned order dated 18th February 2015 of the ITAT. 5. As re....