Disallowance made u/s 40A(2)(b) deleted for the reason that the ...

Disallowance u/s 40A(2)(b) removed as assessee proves arm's length pricing; initial decision found arbitrary.

August 17, 2016

Case Laws Income Tax AT

Disallowance made u/s 40A(2)(b) deleted for the reason that the assessee has proved that the price paid is at arm’s length and not excessive or unreasonable and as the disallowance made on ad-hoc basis is arbitrary. - AT

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Disallowance made u/s 40A(2)(b) deleted for the reason that the ...

Disallowance u/s 40A(2)(b) removed as assessee proves arm's length pricing; initial decision found arbitrary.

August 17, 2016

Case Laws Income Tax AT

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