Tribunal held that as per provisions of section 144C(10), every direction issued by DRP shall be binding on Assessing Officer and Assessing Officer is not empowered to raise any new issue in giving effect proceedings and continue addition based on some other reasoning.(AY. 2018-19)
Golden State Capital Pte. Ltd. v. DCIT (IT) (2023) 203 ITD 303 /229 TTJ 290 (Delhi) (Trib.)
S. 144C : Reference to dispute resolution panel-Direction issued by DRP is binding on the Assessing Officer.[S.144C(10)]