Friday, July 19, 2019

No ALP addition towards excessive payment for purchase of machinery if its price wasn't disputed by custom authority

TRANSFER PRICING: Where TPO made addition to assessee's ALP in respect of excessive price paid to AE for purchase of Machinery, in view of fact that custom authorities had not disputed declared import price of machine and it was an acceptable method of valuation, impugned addition was to be deleted

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