https://www.taxtmi.com/caselaws?id=208667 The court upheld the validity of the reference made by the Assessing Officer to the Transfer Pricing Officer (TPO), dismissing the petitioner's challenge. It clarified the roles and jurisdictions of the Assessing Officer and the TPO, emphasizing procedural safeguards and available remedies during the assessment process. The court determined that the transactions between the petitioner and M/s. Blue Gems BVBA were subject to transfer pricing provisions, providing the petitioner with opportunities to contest this during the assessment. en-us Wed, 19 Oct 2011 00:00:00 +0530 Fri, 28 Jun 2013 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208667 The court upheld the validity of the reference made by the Assessing Officer to the Transfer Pricing Officer (TPO), dismissing the petitioner's challenge. It clarified the roles and jurisdictions of the Assessing Officer and the TPO, emphasizing procedural safeguards and available remedies during the assessment process. The court determined that the transactions between the petitioner and M/s. Blue Gems BVBA were subject to transfer pricing provisions, providing the petitioner with opportunities to contest this during the assessment. Case-Laws Income Tax Wed, 19 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208667