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No penalty if assessee got TP study done by an outside expert

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  • No penalty if assessee got TP study done by an outside expert
Posted onon December 26, 2017

Tenet Tax Daily December 25 2017

By tenettax-team
Corporate Tax, International Tax

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No penalty just because assessee withdrew rebate claim during assessment which it had claimed inadvertently
Issue once sealed by ITAT after due analysis can’t be raised again by assessee under guise of rectification: HC

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