DRP is required to pass proper and speaking order under s 144C after giving proper consideration to the submissions made on behalf of the assessee

DHL Lemur Logistics (P) Ltd. Vs DCIT ITAT Mumbai ITA No. 7361 (Mum.) of 2010 Assessment Year: 2006-07 Decided on: 18 May 2011 Order P.M. Jagtap, AM 1. This appeal filed by the assessee is directed against the order of Dy. Commissioner of Incometax- 8(1), Mumbai dated 20th August, 2010 passed under section 143(3) read with section 144C(13) whereby he made an addition to the total income of the assessee by way of transfer pricing adjustments under section 92CA. 2. The assessee in the present case is a company which is engaged in the business of providing logistic and related ser...