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Income Tax - Highlights / Catch Notes

Home Highlights May 2012 Year 2012 This

IT - Transfer pricing - adjustments - selection of comparable - ...


Assessing Officer's Transfer Pricing Adjustments Unjustified Due to Lack of Rebuttal Opportunity for Assessee in ALP Case.

May 12, 2012

Case Laws     Income Tax     AT

IT - Transfer pricing - adjustments - selection of comparable - no opportunity of being heard was provided to the assessee for rebuttal, therefore the Assessing Officer was not justified in considering those comparables while working out the ALP in assessee's case

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