Transfer Pricing Order Revised: Lack of Inquiries on Export/Import Transactions Deemed Harmful to Revenue Interests.

Transfer Pricing Order Revised: Lack of Inquiries on Export/Import Transactions Deemed Harmful to Revenue Interests. https://www.taxtmi.com/highlights?id=73518 Revision u/s 263 - it is correctly held by CIT that the TPO has passed the order without taking any cognizance of making any inquiries with respect to transaction of export and import. Therefore, such an order is erroneous and prejudicial to the interest of revenue. - AT en-us Mon, 11 Dec 2023 16:18:30 +0530 Mon, 11 Dec 2023 16:18:30 +0530 TaxTMI RSS Generator Transfer Pricing Order Revised: Lack of Inquiries on Export/Import Transactions Deemed Harmful to Revenue Interests. https://www.taxtmi.com/highlights?id=73518 Revision u/s 263 - it is correctly held by CIT that the TPO has passed the order without taking any cognizance of making any inquiries with respect to transaction of export and import. Therefore, such an order is erroneous and prejudicial to the interest of revenue. - AT Highlights Income Tax Mon, 11 Dec 2023 16:18:30 +0530 https://www.taxtmi.com/highlights?id=73518