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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Arm Length Price adjustment – The very foundation of addition in ...


Assessing Officer Ordered to Remove Unsupported Arm's Length Price Adjustment Due to Excess Credit Period.

August 12, 2013

Case Laws     Income Tax     AT

Arm Length Price adjustment – The very foundation of addition in arm's length price on account of excess credit period is devoid of any legally sustainable merits or factual basis – Directed the Assessing Officer to delete ALP adjustment - AT

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