TP Adjustment - related parties / associated enterprise or not - ...

Transfer Pricing Dispute: Associated Enterprises and Arm's Length Price u/s 92A(2) of Income Tax Act.

March 11, 2023

Case Laws Income Tax AT

TP Adjustment - related parties / associated enterprise or not - Re-computation of arm's length price of shares sold by the assessee - Admittedly, in the instant case Relay BV holds controlling stake in USL of more than 26% i.e. 26, 37% on 28.11.2013 i.e. during the relevant previous year. Therefore in light of the clear provisions of Section 92A(2) of the Act, which uses the expression "if at any time during the previous year" we find no merit in the contention of the learned Sr. Counsel. - AT

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TP Adjustment - related parties / associated enterprise or not - ...

Transfer Pricing Dispute: Associated Enterprises and Arm's Length Price u/s 92A(2) of Income Tax Act.

March 11, 2023

Case Laws Income Tax AT

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