Supreme Court directs Transfer Pricing Officer to independently decide by specified date. Appeal disposed with no costs.
Maruti Suzuki India Ltd. Versus Additional Commissioner of Income-tax
Maruti Suzuki India Ltd. Versus Additional Commissioner of Income-tax - [2011] 335 ITR 121 The Supreme Court granted leave in a case where the High Court remitted the matter to the Transfer Pricing Officer with liberty to issue a fresh show-cause notice. The High Court's directions to the TPO were set aside, and the TPO was directed to proceed with the matter independently. The TPO was instructed to decide the matter by December 31, 2010. The civil appeal was disposed of with no order as to costs.