Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
TP - The transfer pricing report furnished by the assessee is not in accordance with rules prescribed in this regard - The PSM has not been correctly applied as per law - No bench marking has been done – thus, it cannot be approved - the most appropriate method in this type of function/transaction would be profit split method only - AT
TP - The transfer pricing report furnished by the assessee is not in accordance with rules prescribed in this regard - The PSM has not been correctly applied as per law - No bench marking has been done – thus, it cannot be approved - the most appropriate method in this type of function/transaction would be profit split method only - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
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