Panasonic Life Solutions India Private Limited vs. DCIT
Case No: ITA Nos. 4802 & 4814/Del/2024
Court: Income Tax Appellate Tribunal, Delhi Bench ‘H’ New Delhi
Date: 2/17/2025
Parties Involved
appellantPanasonic Life Solutions India Private Limited
respondentDCIT
Facts Summary
The appellant/assessee-company electronically filed its return of income as ‘Nil’ on 29.11.2017 and later revised it on 29.03.2019. The return was processed, and a 143(1) order intimation was served. The case was selected for complete scrutiny, and notices under sections 143(2) and 142(1) were issued. The assessee provided necessary information, and a reference under section 92CA(1) was made to the Transfer Pricing Officer. The TPO passed an order and rectification order dated 01.02.2021. A draf…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the CIT(A) passed the order under section 250 of the Act without jurisdiction.
- 2. Whether the CIT(A) erred in passing a non-speaking order which is arbitrary and contrary to the principles of natural justice.
1 more legal issue analysed in this judgement.
Precedents Relied Upon
2 precedents cited in this judgement.