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Income Tax - Highlights / Catch Notes

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Penalty u/s 271AA - AO has not expressed any difficulty in ...


Penalty u/s 271AA Unjustified: AO Found No Issues with Assessee's Price Accuracy in International Transaction with AE.

February 16, 2019

Case Laws     Income Tax     AT

Penalty u/s 271AA - AO has not expressed any difficulty in examining correctness of price adopted by assessee in respect of international transaction with AE. - there is no justification for imposition of penalty u/s 271AA

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