https://www.taxtmi.com/caselaws?id=411861 The court dismissed the writ petition challenging the Income Tax Settlement Commission's decision on Transfer Pricing. It held that the ITSC had the authority to adjudicate within the Income Tax Act's provisions but could not overstep the Assessing Officer's powers. The court found no procedural defects or lack of nexus in the ITSC's decision-making process, upholding its comprehensive adjudication of the issues and emphasizing that selective challenges to parts of the ITSC's order were impermissible. en-us Tue, 31 Aug 2021 00:00:00 +0530 Tue, 16 Nov 2021 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411861 The court dismissed the writ petition challenging the Income Tax Settlement Commission's decision on Transfer Pricing. It held that the ITSC had the authority to adjudicate within the Income Tax Act's provisions but could not overstep the Assessing Officer's powers. The court found no procedural defects or lack of nexus in the ITSC's decision-making process, upholding its comprehensive adjudication of the issues and emphasizing that selective challenges to parts of the ITSC's order were impermissible. Case-Laws Income Tax Tue, 31 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411861