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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

TP adjustment - AO/TPO has not followed direction of DRP - As ...

Case Laws     Income Tax

August 7, 2019

TP adjustment - AO/TPO has not followed direction of DRP - As per section 144C(13) the AO is bound to pass the final assessment order in conformity with the direction of the DRP and there is no scope for any deviation from the direction - directed to comply with the direction of the learned DRP on the issue of adjustment to the International transaction of import of finished goods

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