Adjustment of Arm's length price - Though we agree with the TPO ...
TPO Must Prove Companies Are Consistently Loss-Making for Arm's Length Price Adjustments in Transfer Pricing Cases.
October 17, 2013
Case Laws Income Tax AT
Adjustment of Arm's length price - Though we agree with the TPO that some of the comparables for the purpose of PLI adopted by the assessee are showing the loss, but the burden is on the TPO to prove where those companies are consistently loss making companies. - AT
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