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2010 (10) TMI 818 - SC - Income TaxPrinciple of transfer pricing - notice was issued under section 148 - writ petition filled on question of jurisdiction – Held that:- On going through the papers it is find that foundational facts are required to be established which could not have been done by way of writ petition. Thus the assessee should be relegated to adopt proceedings, which are pending, as of date, before various authorities under the Act. Direct these authorities to expeditiously hear and dis-pose of pending proceedings as early as possible.
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