Imposition of penalty u/s 271G - failure to furnish information ...

No Penalty u/s 271G if No Adjustment to Arm's Length Price in Transactions with Associated Enterprises.

December 31, 2018

Case Laws Income Tax AT

Imposition of penalty u/s 271G - failure to furnish information or documents in respect of segmental amount relating to transaction made with AEs and non-AEs for determination of arms length price of international transactions - when there is no adjustment made in the arms length price, penalty so imposed is not justified.

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Imposition of penalty u/s 271G - failure to furnish information ...

No Penalty u/s 271G if No Adjustment to Arm's Length Price in Transactions with Associated Enterprises.

December 31, 2018

Case Laws Income Tax AT

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