BORGWARNER EMISSIONS SYSTEMS INDIA PRIVATE LIMITED,NEW DELHI vs DCIT, CIRCLE-4(2), DELHI

Income Tax Appellate Tribunal, DELHI BENCH “I” DELHI

Before: SHRI PRADIP KUMAR KEDIA & SHRI NARINDER KUMAR

For Appellant: Shri Rohit Tiwari, Advocate

For Respondent: Shri Rajesh Kumar, CIT(DR)

Result

58.

In view of the above discussion and findings, the impugned assessment based on the observations and findings recorded by Ld. TPO and by Ld. DRP deserves to be set aside.

59.

Consequently, this appeal is allowed. 40 File be consigned to the record room, after the needful is done by the office.

Order pronounced in the open Court on 29/08/2024

BORGWARNER EMISSIONS SYSTEMS INDIA PRIVATE LIMITED,NEW DELHI vs. DCIT, CIRCLE-4(2), DELHI