{"id":47166,"date":"2024-10-17T12:31:21","date_gmt":"2024-10-17T07:01:21","guid":{"rendered":"https:\/\/itatonline.org\/digest\/exxonmobil-company-india-p-ltd-v-dy-cit-2024-299-taxman-205-bomhc\/"},"modified":"2025-09-05T12:50:11","modified_gmt":"2025-09-05T07:20:11","slug":"exxonmobil-company-india-p-ltd-v-dy-cit-2024-299-taxman-205-bomhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/exxonmobil-company-india-p-ltd-v-dy-cit-2024-299-taxman-205-bomhc\/","title":{"rendered":"ExxonMobil Company India (P.) Ltd. v. Dy. CIT (2024) 299 Taxman 205\/(2025) 474 ITR 142.     (Bom)(HC)"},"content":{"rendered":"<p>In course of assessment, TPO made certain additions on account of transfer pricing.\u00a0 Tribunal remanded matter back to file of TPO for fresh consideration.\u00a0 Assessing Officer passed an order giving effect to Tribunal&#8217;s order by making a transfer pricing addition and determining a demand without passing a draft assessment order. On writ the Court held that the\u00a0 Assessing Officer is bound to pass a draft assessment order in terms of section 144C but since Assessing Officer without passing draft assessment order gave effect to Tribunal&#8217;s order by making additions and issuing demand notice, impugned order passed by Assessing Officer was without jurisdiction and\u00a0 set aside.\u00a0 (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 144C : Reference to dispute resolution panel-Appellate Tribunal-Remand-Even in partial remand proceedings from Tribunal, Assessing Officer is obliged to pass a draft assessment order under section 144C(1).[S.92CA(3), 144C(1), 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-47166","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cgK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47166","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=47166"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47166\/revisions"}],"predecessor-version":[{"id":56414,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47166\/revisions\/56414"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=47166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=47166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=47166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}