2024 (11) TMI 651

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....ax Appeal (L. ) No. 34114 Of 2023, Income Tax Appeal (L. ) No. 34117 Of 2023, Income Tax Appeal (L. ) No. 3 Of 2024, 1054 Of 2024, 1055 Of 2024 And Income Tax Appeal (L. ) No. 4748 Of 2024. - -<br>Income Tax<br>G. S. KULKARNI & ADVAIT M. SETHNA, JJ. For the Appellant: Ms. Shilpa Goel with Mr. Akhileshwar Sharma in ITXAL 14390/23, ITXAL 18648/23, ITXAL 32910/23, ITXAL 34109/23, ITXAL 34111/23, ITXAL 34114/23, ITXAL 34117/23. For the Appellant: Ms. Shilpa Goel with Mr. Suresh Kumar in ITXAL 23579/23, ITXAL 3/24, ITXAL 4748/24. For the Appellant: Ms. Shilpa Goel with Ms. Swapna Gokhale in ITXAL 26116/23. For the Appellant: Ms. Shilpa Goel with Mr. Prakash Chhotaray in ITXAL 1054/24, in ITXAL 1055/24. For the Respondent: Mr. Nishant Th....

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....the said provisions in the context of the limitation (sub-section 3A) as available to the Transfer Pricing Officer to pass an order, vis-a-vis the provisions of Section 153 read with Section 153 (4) of the Act, is the subject matter of consideration. The Court, considering the decisions in cases of Shelf Drilling Ron Tappmeyer Limited vs. Assistant Commissioner of Income Tax & Ors. (2023) 457 ITR 161 (Bom.) and Commissioner of Income Tax & Anr. vs. Roca Bathroom Products P. Ltd. (2022) 445 ITR 537 (Mad.), admitted the said writ petition while granting interim reliefs on the said petition. 4. We are informed by Mr. Thakkar, learned counsel for the respondent that the order passed by this Court in PayPal Payments Private Ltd. (supra) is assa....