DRP failed to adjudicate objections of assessee hence matter remitted back

PCL Foods Private Limited Vs Additional / Joint/ Deputy/ACIT /ITO (ITAT Delhi)

ITAT Delhi held that DRP is a quasi-judicial authority and is required to issue directions on all the objections raised by assessee. Failure to adjudicate certain components results into violation of principles of natural justice. Accordingly, matter set aside to file of DRP.

Facts- During scrutiny assessment, TPO noted that assessee has entered into international transaction with its AE. The TPO after considering ten comparables, proposed an adjustment to the value of internatio

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