TP Adjustment - According to the TPO because the credit card ...

Court Questions AO's Authority in Credit Card Business Decisions; Emphasizes Commercial Expediency in Transfer Pricing.

September 20, 2023

Case Laws Income Tax HC

TP Adjustment - According to the TPO because the credit card business was much more advance in other countries a higher weightage should have been given to other countries than it was given to India. - We wonder when did an AO become a businessman. How much to invest, what weightage is to be given etc., in our view, is a measure of commercial expediency. - HC

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TP Adjustment - According to the TPO because the credit card ...

Court Questions AO's Authority in Credit Card Business Decisions; Emphasizes Commercial Expediency in Transfer Pricing.

September 20, 2023

Case Laws Income Tax HC

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