Penalty u/s. 271(1)(c) - T.P. adjustment - It is not a case of a ...
No Penalty u/s 271(1)(c) for Transfer Pricing Adjustment; Transaction Value Considered "Nil" Instead of Disallowed.
November 5, 2016
Case Laws Income Tax AT
Penalty u/s. 271(1)(c) - T.P. adjustment - It is not a case of a disallowance of any claim of expenditure under section 37(1) albeit the value of the transaction has been taken at “Nil”. - No penalty - AT
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