Transfer pricing officer inclusion expands administrative authority under amended tax penalty provision and aligns transfer pricing oversight with assessment powers. The amendment inserts the Transfer Pricing Officer alongside the Assessing Officer within the operative text of section 271G, thereby bringing actions of ... Summary
Transfer pricing officer inclusion expands administrative authority under amended tax penalty provision and aligns transfer pricing oversight with assessment powers.
The amendment inserts the Transfer Pricing Officer alongside the Assessing Officer within the operative text of section 271G, thereby bringing actions of the Transfer Pricing Officer as referred to in section 92CA within the scope of that provision by textual insertion after the Assessing Officer.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.