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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Transfer pricing adjustment - determining ALP - Assessing ...

Case Laws     Income Tax

March 8, 2016

Transfer pricing adjustment - determining ALP - Assessing Officer was thus in error not only in resorting to an unscientific and unrecognized method ascertaining the arm’s length price of the services rendered by the assessee but also in rejecting bonafide quotations as a valid input for ascertaining the arm’s length price by the assessee. - AT

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