Penalty u/s 271 (1) (c) - adoption of multiple year data OR ...

Case Laws Income Tax

August 9, 2019

Penalty u/s 271 (1) (c) - adoption of multiple year data OR single year data for determining ALP - the fact remains that the legislature thought it necessary to clarify that the data that was required to be used had to necessarily relate to the financial year in question and not to multiple year data - during the AY in question, the issue was debatable - no penalty

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Penalty u/s 271 (1) (c) - adoption of multiple year data OR ...

Case Laws Income Tax

August 9, 2019

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