Designation of Transfer Pricing Officers clarifies territorial assignment and taxpayer classes for transfer pricing administration. Amendment substitutes the Schedule to designate Transfer Pricing Officers (at Joint Commissioner, Deputy Commissioner or Assistant Commissioner level), specifying each post's headquarters and the territorial areas assigned, and defines the class of persons as taxpayers assessed or assessable by Assessing Officers whose offices lie within those territorial areas, thereby fixing administrative jurisdiction for transfer pricing matters.
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Provisions expressly mentioned in the judgment/order text.
Designation of Transfer Pricing Officers clarifies territorial assignment and taxpayer classes for transfer pricing administration.
Amendment substitutes the Schedule to designate Transfer Pricing Officers (at Joint Commissioner, Deputy Commissioner or Assistant Commissioner level), specifying each post's headquarters and the territorial areas assigned, and defines the class of persons as taxpayers assessed or assessable by Assessing Officers whose offices lie within those territorial areas, thereby fixing administrative jurisdiction for transfer pricing matters.
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