Penalty u/s 271G Deemed Unsustainable as TPO Accepts Assessee's Benchmarking; Relates to Section 92D(1) and Rule 10D.

Penalty u/s 271G Deemed Unsustainable as TPO Accepts Assessee's Benchmarking; Relates to Section 92D(1) and Rule 10D. https://www.taxtmi.com/highlights?id=51004 Penalty imposed u/s 271G - failure to furnish the information/documents required u/s 92D(1) r/w rule 10D - when the TPO has accepted the benchmarking of the assessee, the imposition of penalty under section 271G of the Act is unsustainable en-us Thu, 02 Jan 2020 17:32:26 +0530 Thu, 02 Jan 2020 17:32:26 +0530 TaxTMI RSS Generator Penalty u/s 271G Deemed Unsustainable as TPO Accepts Assessee's Benchmarking; Relates to Section 92D(1) and Rule 10D. https://www.taxtmi.com/highlights?id=51004 Penalty imposed u/s 271G - failure to furnish the information/documents required u/s 92D(1) r/w rule 10D - when the TPO has accepted the benchmarking of the assessee, the imposition of penalty under section 271G of the Act is unsustainable Highlights Income Tax Thu, 02 Jan 2020 17:32:26 +0530 https://www.taxtmi.com/highlights?id=51004