https://www.taxtmi.com/caselaws?id=459143 Appeal was dismissed for low tax effect under CBDT Circular No. 17/2019, leaving the transfer pricing issues and the determination of arm's length price open. The High Court framed substantial questions of law on those issues but did not decide them on merits because the tax-effect threshold was not met. Liberty was granted to the Revenue to seek restoration if the tax effect later exceeds the circular threshold. en-us Wed, 17 Jun 2020 00:00:00 +0530 Mon, 02 Dec 2024 19:08:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459143 Appeal was dismissed for low tax effect under CBDT Circular No. 17/2019, leaving the transfer pricing issues and the determination of arm's length price open. The High Court framed substantial questions of law on those issues but did not decide them on merits because the tax-effect threshold was not met. Liberty was granted to the Revenue to seek restoration if the tax effect later exceeds the circular threshold. Case-Laws Income Tax Wed, 17 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459143