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Internal TNMM for determining ALP couldn’t be rejected merely because size of uncontrolled transactions was small

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  • Internal TNMM for determining ALP couldn’t be rejected merely because size of uncontrolled transactions was small
Posted onon March 7, 2018

Tenet Tax Daily March 07 2018

By tenettax-team
International Tax

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ITAT allowed Rs. 1 crore relief claimed u/s 54EC as assessee invested Rs. 50 lakh each in 2 diff. FY
SetCom has power to reject application at submission stage if disclosure by assessee isn’t full & true: Madras HC

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