Saturday 20 September 2014

ITAT directs TPO to make afresh TP adjustment in accordance with directions issued by it earlier

IT/ILT : Where in pursuance of Tribunal's directions, TPO passed an order wherein addition made to assessee's ALP was reduced, in view of fact that there were variations and inconsistencies while implementing directions of earlier Bench, impugned order was to be set aside with a direction to Assessing Officer/TPO to revise transfer pricing adjustment in accordance with directions issued by Tribunal in letter and spirit


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