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2014 (7) TMI 1387

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....THE STATE OF ANDHRA PRADESH HIGH COURT - HC (Judgement / Order / Decisions)<br>Dated:- 30-7-2014<br>I. T. T. A. NO. 495 of 2014 - -<br>Income Tax<br>Hon'ble The Chief Justice Sri Kalyan Jyoti Sengupt....

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.... (P) Ltd. v. A.C.I.T. [(2012) 16 ITR (Trib.) 240] that Transfer Pricing Officer is not empowered to hold the transaction as sham transaction. Reading the provision of law, the aforesaid conclusion in ....