High Court remands transfer pricing method dispute back to ITAT, expects decisive ruling impacting current and future years.
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....TP Adjustment - determination of appropriate method - Matter remanded back to ITAT - We do not expect a further open remand by the learned Tribunal on the said issue any more because such decision of the learned Tribunal is likely to affect not only the years under consideration before the learned Tribunal but also the future assessment years, as the Assessee continues to remain in the same business for such future years also. - HC....


TaxTMI
TaxTMI