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ITAT directs TPO to make TP adjustment by excluding comparables with related party transaction exceeding 25%

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  • ITAT directs TPO to make TP adjustment by excluding comparables with related party transaction exceeding 25%
Posted onon December 22, 2014December 22, 2014

Tenet Tax Daily December 22 2014

By tenettax-team
Corporate Tax, International Tax

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AO should have a cogent reasons for rejecting books of account prepared on basis of bank entries
Additions affirmed for loans given to parties with dubious identity and credit worthiness

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