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Income Tax - Highlights / Catch Notes

Home Highlights November 2023 Year 2023 This

TP Adjustments - AO does not have the jurisdiction to propose ...

November 30, 2023

Case Laws     Income Tax     AT

TP Adjustments - AO does not have the jurisdiction to propose any transfer pricing adjustment in case where he has not made any reference to the TPO. Therefore the additional made by the assessing officer towards transfer pricing adjustment is not tenable and is deleted. - AT

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