TP Adjustment - Pre-mature writ petition - Assessee's digression ...

Case Laws Income Tax

October 20, 2020

TP Adjustment - Pre-mature writ petition - Assessee's digression is self defeating and defeats the very purpose of quicker assessments sought to be achieved in the special law relating to international transactions envisaged in the Chapter X of the Income Tax Act provided for assessment of international transactions, so that an image of balanced approach by IT authorities can be projected on the international horizons. Many other developed countries provide for such quicker management of tax dispute resolution. - HC

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TP Adjustment - Pre-mature writ petition - Assessee's digression ...

Case Laws Income Tax

October 20, 2020

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