AO shall not deflect from ALP Determined by TPO with respect to International Transactions: Delhi HC allows Writ Petition [Read Order]

Regarding the international transactions, the Arm's Length Price (ALP) decided by the Transfer Pricing Officer (TPO) should not be diverted from by the assessing officer
Delhi High Court - Arms Length Price - Transfer Pricing Officer - ALP - TAXSCAN

In a recent case, the Delhi High Court while allowing the writ petition held that the assessing officer should not be deflected from the Arm’s Length Price ( ALP ) determined by the Transfer Pricing Officer ( TPO ) with respect to the international transactions . The petitioner/Assessee Giesecke and Devrient India Pvt. Ltd is engaged…

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