Reference to TPO for TP adjustment towards SDT Under Section 92BA(i) of IT Act to be omitted as per Finance Act 2017: ITAT [Read Order]

TPO - income tax - Reference to TPO for TP - ITAT - taxscan

The Income Tax Appellate Tribunal (ITAT), Mumbai bench held that the reference to the Transfer Pricing Officer for transfer pricing adjustment towards the Specified Domestic Transaction (SDT) under Section 92BA(i) of the Income Tax Act, 1961, has been omitted as per the Finance Act, 2017. Hind Aluminium Industries Pvt. Ltd, the assessee, after filing the…

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