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Only international transactions entered by assessee with its AE can be subjected to adjustment

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Posted onon January 25, 2020

Tenet Tax Daily January 23 2020

By tenettax-team
International Tax

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Where HC stayed the final assessment order, continuation of reassessment proceedings held valid
Mere issuance of a show-cause notice cannot be equated and treated as a draft assessment order as same would make provisions of section 144C redundant

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