TPO Rules Fixed Assets from Associated Enterprises Should Reflect Customs Value, Not Nil, for Fair Assessment.

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....TP Adjustment - Purchase of fixed assets - TPO added the entire amount of fixed assets purchased by the assessee from its AE’s during the year - the fixed assets purchased by the assessee cannot be taken as NIL and the value assigned by the custom authorities are to be taken as the fair value of the fixed assets purchased by the assessee - AT....