Determination of ALP by TPO – The CIT (A) has simply followed ...

Tax Authority Upholds Use of Current Year Data for Profit Margin, Dismissing Department's Complaint on Procedure.

November 18, 2013

Case Laws Income Tax AT

Determination of ALP by TPO – The CIT (A) has simply followed the statutory provision while determining the OP/TC margin of the comparable companies by applying the current year data, hence in these circumstances, the grievance of the department that no opportunity was granted to the TPO cannot be accepted - AT

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Determination of ALP by TPO – The CIT (A) has simply followed ...

Tax Authority Upholds Use of Current Year Data for Profit Margin, Dismissing Department's Complaint on Procedure.

November 18, 2013

Case Laws Income Tax AT

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