https://www.taxtmi.com/caselaws?id=459459 Inordinate delay in filing a tax appeal was not condoned where the supporting explanation relied only on administrative grounds and did not justify the delay. The appeal was therefore rejected. On transfer pricing, existing High Court precedents had already addressed whether a foreign associated enterprise may be selected as the tested party and supported the Tribunal's reliance on a coordinate Bench ruling. As the legal issue was covered by binding rulings, the appeal lacked grounds for admission independently of the delay. en-us Mon, 11 Mar 2024 00:00:00 +0530 Fri, 13 Dec 2024 19:06:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459459 Inordinate delay in filing a tax appeal was not condoned where the supporting explanation relied only on administrative grounds and did not justify the delay. The appeal was therefore rejected. On transfer pricing, existing High Court precedents had already addressed whether a foreign associated enterprise may be selected as the tested party and supported the Tribunal's reliance on a coordinate Bench ruling. As the legal issue was covered by binding rulings, the appeal lacked grounds for admission independently of the delay. Case-Laws Income Tax Mon, 11 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459459