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SetCom has power to reject application at submission stage if disclosure by assessee isn’t full & true: Madras HC

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  • SetCom has power to reject application at submission stage if disclosure by assessee isn’t full & true: Madras HC
Posted onon March 13, 2018

Tenet Tax Daily March 08 2018

By tenettax-team
Corporate Tax

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Internal TNMM for determining ALP couldn’t be rejected merely because size of uncontrolled transactions was small
Dep. not to be denied in hands of amalgated co. even if assets transferred in amalgamation were non-functional

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