TPO is not competent to hold that the expenditure in question ...
TPO Cannot Set Arm's Length Price to Zero Due to Lack of Authority on Expenditure Assessment.
October 18, 2014
Case Laws Income Tax AT
TPO is not competent to hold that the expenditure in question has not been incurred by the assessee or that the assessee has not derived any benefits for the payment made by the assessee and therefore he cannot consider the ALP as NIL - AT
View Source