Penalty u/s 271AA Unjustified: AO Found No Issues with Assessee's Price Accuracy in International Transaction with AE.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Penalty u/s 271AA - AO has not expressed any difficulty in examining correctness of price adopted by assessee in respect of international transaction with AE. - there is no justification for imposition of penalty u/s 271AA....


TaxTMI