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Income Tax - Highlights / Catch Notes

Home Highlights September 2021 Year 2021 This

TP Adjustment - In our considered view the TPO and the AO are ...

Case Laws     Income Tax

September 28, 2021

TP Adjustment - In our considered view the TPO and the AO are part of the income tax Department and therefore there has to be consistency in the approaches of both the authorities. As such the authorities should not take different stand while determining the taxable income of the assessee otherwise it would lead to the double addition which is not desirable under the provisions of the Act. - AT

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