Friday, June 28, 2019

ITAT deleted sec. 271G penalty as TPO accepted benchmarking done by assessee

TRANSFER PRICING: Where TPO had accepted benchmarking done by assessee under TNMM and no variation/adjustment was made by him to arm's length price, imposition of penalty under section 271G would be unsustainable

from www.taxmann.com Latest Case Laws https://ift.tt/2KQdazJ
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