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Income Tax - Highlights / Catch Notes

Home Highlights September 2020 Year 2020 This

TP Adjustment - determination of appropriate method - Matter ...

Income Tax

September 28, 2020

TP Adjustment - determination of appropriate method - Matter remanded back to ITAT - We do not expect a further open remand by the learned Tribunal on the said issue any more because such decision of the learned Tribunal is likely to affect not only the years under consideration before the learned Tribunal but also the future assessment years, as the Assessee continues to remain in the same business for such future years also. - HC

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