HC refuses to Prematurely pronounce in case related to Transfer Pricing

Hyundai Motor India Ltd. Vs Secretary, Income Tax Department (Madras High Court) This Writ Appeal is directed against the order of the learned Single Judge dated 20.10.2017, dismissing the Writ Petition of the Appellant herein M/s.Hyndai Motors India Ltd., as premature, which was directed against the order of the Dispute Resolution Panel (“DRP”, for short) dated 13 December 2016, for the Assessment Year 2012-13. The learned Single Judge has dismissed the Writ Petition as premature finding that against the order of the learned TPO when passed in consequence of the directions given by the DR...