If the Transfer Pricing Officer did not agree to the arm's ...

Case Laws Income Tax

September 18, 2018

If the Transfer Pricing Officer did not agree to the arm's length price shown by the assessee it was open for him to determine the arm's length price by applying one of the most appropriate methods being backed by supporting material. Without complying to the statutory provisions, the Transfer Pricing Officer certainly cannot determine the arm's length price on ad–hoc / estimation basis.

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If the Transfer Pricing Officer did not agree to the arm's ...

Case Laws Income Tax

September 18, 2018

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