{"id":27929,"date":"2022-06-30T12:10:29","date_gmt":"2022-06-30T06:40:29","guid":{"rendered":"https:\/\/itatonline.org\/digest\/shapoorji-pallonji-bumi-armada-pvt-ltd-v-acit-mum-trib-www-itatonline-org\/"},"modified":"2023-03-07T10:42:52","modified_gmt":"2023-03-07T05:12:52","slug":"shapoorji-pallonji-bumi-armada-pvt-ltd-v-acit-mum-trib-www-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/shapoorji-pallonji-bumi-armada-pvt-ltd-v-acit-mum-trib-www-itatonline-org\/","title":{"rendered":"Shapoorji Pallonji Bumi Armada Pvt Ltd v. ACIT  (2022) 139 taxmann. com  572  ( Mum)( Trib) www.itatonline.org"},"content":{"rendered":"<p>As a plain and careful reading of rule 13 makes it unambiguous, the rectification powers, under rule 13, by the Dispute Resolution Panel can be exercised only in one of the three circumstances \u2013 namely, (a) suo motu, i.e., on its own by the DRP; (b) on an application made by the eligible assessee, or (c) on an application made by the Assessing Officer.\u00a0 The scheme of rule 13 does not visualize any rectification of mistake, by the Dispute Resolution Panel, on an application by the Transfer Pricing Officer. Therefore, the application filed by the Transfer Pricing Officer before the Dispute Resolution Panel, irrespective of its nomenclature, was liable to be dismissed.( ITA No. 1353\/Mum\/2021 dated June 27, 2022) (Bench \u2018J\u2019 )( AY. 2016 -17 )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 144C: Reference to dispute resolution panel \u2013 Rectification application by TPO \u2013 Rectification order by DRP \u2013 Not maintainable. [ S. 144C(14), 154 ] <\/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-27929","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7gt","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27929","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=27929"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27929\/revisions"}],"predecessor-version":[{"id":33161,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27929\/revisions\/33161"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=27929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=27929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=27929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}