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AO can’t open his office in assessee’s front yard and summon him to give statement for IT proceedings
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Corporate Tax
AO can’t open his office in assessee’s front yard and summon him to give statement for IT proceedings
Posted on
on
December 24, 2013
Tenet Tax Daily December 24 2013
By
tenettax-team
Corporate Tax
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Assessee can opt for any method under sec. 92C for computing ALP if it proves to be the most appropriate method.
AO can’t slap concealment penalty on assessee merely for claiming expenditure on basis of Apex’s Court verdict