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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Transfer pricing adjustment - since the TPO did not adhere to ...


Transfer Pricing Adjustment Invalidated Due to TPO's Non-Compliance with Income Tax Act and Rules; No Correction Allowed.

November 15, 2013

Case Laws     Income Tax     AT

Transfer pricing adjustment - since the TPO did not adhere to the prescribed methods consciously, another innings to rectify the mistake cannot be allowed, as the TPO infringed the relevant provision of the Income Tax Act and Rules - AT

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