Basell Polyolefins India P. Ltd, Powai Asst CIT 15(1)(2), Mumbai

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Last updated: 02 January 2021
Quick Summary
This Income Tax Appellate Tribunal (ITAT) Mumbai ruling concerns Basell Polyolefins India Private Ltd. for the assessment year 2012-13. The appeal challenges the final assessment order, which was passed following directions from the Dispute Resolution Panel (DRP). A key ground for appeal is that the Transfer Pricing Officer (TPO) allegedly failed to issue a mandatory written show cause notice before passing the order, violating principles of natural justice.

Court :
ITAT Mumbai

Brief :
This appeal in ITA No.1689/Mum/2017 for A.Y.2012-13 preferred by the order against the final assessment order passed by the Assessing Officer dated 31/01/2017 u/s.143(3) r.w.s.144C(13) of the Income Tax Act, hereinafter referred to as Act, pursuant to the directions of the ld. Dispute Resolution Panel (DRP in short) u/s.144C(5) of the Act dated 25/11/2016 for the A.Y.2012-13.

Citation :
ITA No.1689/Mum/2017

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3499
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4999
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