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2018 (3) TMI 1753 - AT - Income TaxStay for recovery of outstanding amount - Addition of TP adjustment - comparable companies selected by the TPO were not comparable at all - HELD THAT:- When the assessee failed to file transfer pricing documentations, the TPO has to necessarily select the comparable companies from public domain. Therefore, the assessee cannot have any grievance at this stage. Suffice to say that there is no prima facie case for grant of stay. Accordingly, the Stay Petition filed by the assessee is dismissed. However, the Registry is directed to post the appeal for final disposal on 07.05.2018.
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