https://www.taxtmi.com/highlights?id=56583 TP Adjustment - associated enterprise or not - it is evident that sub-Sections (1) and (2) of Section 92A of the Act are interlinked and have to be read together. In case the provisions of sub-Sections (1) and (2) are read independently, we are afraid that one of the provisions would be rendered otiose which is impermissible in law in view of the well settled rule of statutory limitation. Therefore, the requirement contained in sub-Sections (1) and (2) of Section 92A of the Act has to be complied with. - HC en-us Thu, 04 Feb 2021 09:37:48 +0530 Thu, 04 Feb 2021 09:37:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56583 TP Adjustment - associated enterprise or not - it is evident that sub-Sections (1) and (2) of Section 92A of the Act are interlinked and have to be read together. In case the provisions of sub-Sections (1) and (2) are read independently, we are afraid that one of the provisions would be rendered otiose which is impermissible in law in view of the well settled rule of statutory limitation. Therefore, the requirement contained in sub-Sections (1) and (2) of Section 92A of the Act has to be complied with. - HC Highlights Income Tax Thu, 04 Feb 2021 09:37:48 +0530 https://www.taxtmi.com/highlights?id=56583