It is open to an assessee to exhaust remedies as provided for u/s 144C against transfer pricing order passed u/s 92CA(3)

CASE LAWS DETAILS DECIDED BY: HIGH COURT OF MADRAS, IN THE CASE OF: Intimate Fashions (India) Pvt. Ltd. Vs JCIT, APPEAL NO: Writ Petition No. 24623 of 2009 And M. P. No. 1 of 2009, DECIDED ON December 23, 2009 RELEVANT PARAGRAPH 8. It is no doubt true that as per section 92CA of the Income-tax Act, when the assessee goes before the authority concerned on transfer pricing, an opportunity of personal hearing should be granted to the assessee. As far as the present case is concerned, the notice dated 25-8-2009 was sent by the Transfer Pricing Officer intimating the date of personal hearing on 4-...