TMI Blog2010 (10) TMI 818X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Punjab and Haryana High Court inC.W.P. No. 16681 of 2005. The judgment of the High Court is reportedas Coca Cola India Inc. v. Asst. CIT [2009] 309 ITR 194 (P&H). 1. The issue in this special leave petition concerns the application of the principle of transfer pricing. In the case of the assessee herein, notice was issued under section 148 of the Income-tax Act, 1961 ("Act", for sho ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ee herein is aggrieved by the orders passed by any of these authorities, it will have to exhaust the statutory remedy provided under the Act. We make it clear that each of the authorities will decide the matter uninfluenced by any of the observations made in the impugned judgment. 3. Accordingly, the special leave petition stands disposed of. 4. Stay order granted by this court sta ..... X X X X Extracts X X X X X X X X Extracts X X X X
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