{"id":20052,"date":"2021-07-07T12:40:45","date_gmt":"2021-07-07T07:10:45","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ppn-power-generating-company-p-ltd-v-cit-2021-277-taxman-240-200-dtr-382-320-ctr-268-mad-hc\/"},"modified":"2021-07-07T12:40:45","modified_gmt":"2021-07-07T07:10:45","slug":"ppn-power-generating-company-p-ltd-v-cit-2021-277-taxman-240-200-dtr-382-320-ctr-268-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ppn-power-generating-company-p-ltd-v-cit-2021-277-taxman-240-200-dtr-382-320-ctr-268-mad-hc\/","title":{"rendered":"PPN Power Generating Company (P) Ltd. v. CIT (2021) 277 Taxman 240 \/ 200 DTR 382 \/ 320 CTR 268 (Mad.)(HC)"},"content":{"rendered":"<p>Assessing Officer without dealing with objections raised\u00a0\u00a0 against reopening of assessment transferred its case to Transfer Pricing Officer (TPO) under section 92CA who further called upon assessee to furnish information in terms of sections 92D and 92E.\u00a0\u00a0 The Assessee filed writ petition against reference of its case by Assessing officer to TPO without dealing with its objections against reopening.\u00a0 Single Bench directed assessee to participate in statutory adjudication mechanism and dismissed writ petition.\u00a0 Assessee filed\u00a0 an\u00a0 writ appeal challenging said order of Single Judge.\u00a0 Dismissing the appeal the Court held that finding rendered passed by Single Judge was an appropriate procedure to be adopted and same was to be upheld.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 148 : Reassessment-Transfer pricing-Objection not disposed of against reassessment notice-Single judge directed the Assessee to participate  in adjudicating mechanism-Order of single judge is affirmed in appeal. [S. 92C, 92D, 92E, 148, Art. 226] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-20052","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5dq","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=20052"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20052\/revisions"}],"predecessor-version":[{"id":20053,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20052\/revisions\/20053"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=20052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=20052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=20052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}