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Income Tax - Highlights / Catch Notes

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TP - Re-computation of arms' length price (ALP). - selection of ...


Assessing Officer's ALP Re-computation Unjustified Due to Lack of Rebuttal Opportunity for Assessee.

May 14, 2012

Case Laws     Income Tax     AT

TP - Re-computation of arms' length price (ALP). - 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

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