ICAI Revised Guidance Note on Transfer Pricing Report Under Section 92E of the Income-Tax Act 1961 based on law as…
ALP determined in good faith and with due diligence by assessee was not liable to penalty u/s 271(1)(c) ABCAUS Case…
Guarantee does not amount to an international transaction under section 92B of the Income Tax Act. ITAT ABCAUS Case Law…
CBDT notifies tolerance range for wholesale trading and other cases for transfer pricing for variation between arm’s length price u/s…
Transfer pricing adjustment without reference to TPO. Supreme Court upholds that AO breached mandatory Instruction but restored appeal to AO…
Non profit company not a comparable for Transfer Pricing. ITAT directed AO to exclude it from the list of comparables…
Arm’s length rate of interest is the rate prevalent in country of AEs where loan is received/consumed and not the…
AO not required to issue draft rectification order for assessment completed u/s 144C. Only a proposed “order of assessment” can…
Draft Assessment order u/s 144C with demand and penalty notice is illegal as it partakes the character of final assessment…
Arms Length Price of intra group management fee paid determined Nil by TPO upheld as there was no evidence on…