SC: TP-adjustment made absent TPO-reference contrary to Instruction 3/2003, but permits remand to AO


Conclusion

SC upholds HC-order holding that TP-adjustment made by AO absent TPO reference (where value of international transaction exceeded Rs.5cr) is contrary to CBDT Instruction No 3/2003 ...

This story is available exclusively to subscribers of tp.taxsutra.com

Already a Subscriber? Log in for complete access.

Log In

For Subscription, please get in touch with Vidyadhar Mhatre
at +91 93200 54016 or write to us at sales@taxsutra.com

Top