Revision u/s 263 - AO ought to have made mandatory reference to ...

Income Tax

February 21, 2020

Revision u/s 263 - AO ought to have made mandatory reference to the “TPO” for determining arm’s length price - Since the Finance Act, 2017 omitted sec. 92BA(i) from retrospective effect, the Assessing Officer’s inaction in not making reference to the TPO does not render the assessment erroneous causing prejudice to interest of the Revenue.- AT

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Revision u/s 263 - AO ought to have made mandatory reference to ...

Income Tax

February 21, 2020

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