The assessee a  resident  of Mauritius invested in Share capital of Indian Companies. The Assessing Officer issued draft assessment order wherein he treated the loss as non genuine and not allowed to carried forward. The assessee filed an appeal before the DRP. The DRP dismissed the appeal on the ground that verification was not done properly hence dismissed the appeal. On appeal the Tribunal directed the DRP to accept the original form No. 35A filed by the assessee  and to proceed with the matter upon giving an opportunity of hearing and to pass an order in accordance with law. (AY. 2015-16)