JANTA LAND PROMOTERS PVT LTD,MOHALI vs. THE PRINICIPAL COMMISSIONER OF INCOME TAX ,CHANDIGARH-1, CHANDIGARH
In the result, appeal of the Assessee is allowed
ITA 618/CHANDI/2025[2020-2021]Status: DisposedITAT Chandigarh29 Oct 2025AY 2020-2021
For Appellant: Shri Pankaj Bhalla, C.AFor Respondent: Shri Manav Bansal, CIT, DR
Section 143(3)Section 194Section 263Section 68
transfer pricing adjustment, it is not permissible to generalise the matter and hold that there was lack of enquiry on the part of the Assessing Officer rendering the assessment order prejudicial to the interests of the Revenue. In our considered view, the learned PCIT is required to specifically identify the transaction which, in his opinion, falls within the scope
