https://www.taxtmi.com/caselaws?id=760678 The Bombay HC dismissed an appeal challenging the ALP determination by the Tribunal under Section 260A. The Revenue contended that the HC was precluded from considering the Tribunal's ALP determination. The HC held that it had properly scrutinized the Tribunal's findings on merits and correctly concluded that no substantial questions of law arose. The Court noted that its reliance on the PTC Software precedent was appropriate, as that judgment had attained finality after the Revenue withdrew its appeal in that case. en-us Wed, 28 Feb 2024 00:00:00 +0530 Thu, 24 Oct 2024 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760678 The Bombay HC dismissed an appeal challenging the ALP determination by the Tribunal under Section 260A. The Revenue contended that the HC was precluded from considering the Tribunal's ALP determination. The HC held that it had properly scrutinized the Tribunal's findings on merits and correctly concluded that no substantial questions of law arose. The Court noted that its reliance on the PTC Software precedent was appropriate, as that judgment had attained finality after the Revenue withdrew its appeal in that case. Case-Laws Income Tax Wed, 28 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760678