2014 (5) TMI 1106 - HC - Income Tax

Transfer pricing adjustment - Held that - Appeal admitted on the following substantial question of law - Whether on the facts and in the circumstance of the case and in law, the Tribunal was justified in confirming the order of CIT (Appeals) in deleting the addition of ₹ 61,84,483/- made under Section 92CA(3) by the Assessing Officer?

Summary

The High Court of Bombay heard an appeal regarding the deletion of an addition made under Section 92CA(3) by the Assessing Officer. The appeal was admitted based on the substantial question of law related to this issue.