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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

TP adjustment - Jurisdiction of TPO - TPO suo motu examined the ...


TPO's Jurisdiction Challenged: Can Only Study Specified Domestic Transactions Referred u/s 92C(1) for Adjustment.

March 27, 2019

Case Laws     Income Tax     HC

TP adjustment - Jurisdiction of TPO - TPO suo motu examined the domestic transaction and made transfer pricing adjustment - in relation to a specified domestic transaction, the TPO can under take transfer pricing study only in relation to those transactions which are referred to him under sub-section (1) of Section 92C.

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