TPO Exceeded Authority by Evaluating Business Justification for Royalty Payments Instead of Using Scientific Methods, Section 92CA(3.

TPO Exceeded Authority by Evaluating Business Justification for Royalty Payments Instead of Using Scientific Methods, Section 92CA(3. https://www.taxtmi.com/highlights?id=47074 TPA - ALP of payment of royalty u/s 92CA(3) - TPO instead of applying of the specified scientific methods went on to the justification of the purchase made in the context of the incremental benefit earned out of such know-how which was clearly not within his purview as he could not replace the assessee and question its business decision - payment within RBI approved limit - ALP accepted en-us Mon, 10 Jun 2019 06:12:47 +0530 Mon, 10 Jun 2019 06:12:47 +0530 TaxTMI RSS Generator TPO Exceeded Authority by Evaluating Business Justification for Royalty Payments Instead of Using Scientific Methods, Section 92CA(3. https://www.taxtmi.com/highlights?id=47074 TPA - ALP of payment of royalty u/s 92CA(3) - TPO instead of applying of the specified scientific methods went on to the justification of the purchase made in the context of the incremental benefit earned out of such know-how which was clearly not within his purview as he could not replace the assessee and question its business decision - payment within RBI approved limit - ALP accepted Highlights Income Tax Mon, 10 Jun 2019 06:12:47 +0530 https://www.taxtmi.com/highlights?id=47074