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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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  • AO can’t open his office in assessee’s front yard and summon him to give statement for IT proceedings
Posted onon 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

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