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DRP has no power to give directions to AO for carrying out a fresh examination of assessee’s claim

November 8, 2019[2019] 111 taxmann.com 117 (Pune - Trib.)

TRANSFER PRICING : DRP has been empowered to confirm, reduce or enhance variations proposed in draft order and there is specific prohibition contained in section 144C to effect that DRP cannot set-aside any proposed variation or issue any direction for further enquiry and passing of assessment order, albeit DRP is not empowered to direct Assessing Officer to entertain and examine a fresh claim made by assessee, but there are no fetters on its own powers to undertake such an exercise itself for ascertaining if claim of assessee is legally tenable

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