Non-Implementation of DRP Directions by AO is a “Very Disturbing Trend”: ITAT directs Govt to Issue Necessary Guidelines [Read Order]

Non-Implementation of DRP - DRP - AO - ITAT - Govt - Guidelines - Taxscan

The Delhi Income Tax Appellate Tribunal has recently by observing the non-implementation of Dispute Resolution Panel directions by assessing officers directing the government to issue necessary guidelines. Assessee Oxbow Energy Solutions LLC is a non-resident corporate entity incorporated in the United States of America (USA). From the information generated through the Annual Information Report (AIR)…

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