https://www.taxtmi.com/highlights?id=74733 TP adjustment - specified domestic transactions (SDT) - The ITAT held that since the provision (Section 92BA(i)) was omitted without a saving clause effective from 01/04/2017, any reference for TP adjustment to SDT under this clause was invalid. Therefore, for A.Y. 2016-17, no TP adjustment could be made under SDT, and the grounds of the assessee were allowed. en-us Thu, 08 Feb 2024 12:32:00 +0530 Thu, 08 Feb 2024 12:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74733 TP adjustment - specified domestic transactions (SDT) - The ITAT held that since the provision (Section 92BA(i)) was omitted without a saving clause effective from 01/04/2017, any reference for TP adjustment to SDT under this clause was invalid. Therefore, for A.Y. 2016-17, no TP adjustment could be made under SDT, and the grounds of the assessee were allowed. Highlights Income Tax Thu, 08 Feb 2024 12:32:00 +0530 https://www.taxtmi.com/highlights?id=74733