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Delhi High Court Upholds ITAT's Decision On Selection Of Comparables For Determination Of Arm's Length Price Of An International Transaction

The Delhi High Court had upheld the decision of the Income Tax Appellate Tribunal (ITAT) on the selection of comparables for the determination of the arm’s length price of an international. ....

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Transfer Pricing | High Courts Not Precluded From Scrutinising ITAT's Determination Of Arm's Length Price : Supreme Court

The Supreme Court has ruled that the High Court is not precluded from considering the determination of the arm’s length price determined by the Income Tax Appellate Tribunal (ITAT), in exercise of its. ....

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BBC Surveys: Govt Claims Exercise Revealed Income Not Commensurate With Scale of Ops in India

Without naming BBC, a statement by the finance ministry said that during the course of the survey, the I-T department allegedly gathered evidence 'pertaining to the operation of the organisation which indicate that tax has not been paid on certain remittances.' ....

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BBC office tax survey: What Income Tax department said on 60-hour survey of Delhi, Mumbai offices

The IT department conducted a 60-hour survey of the offices of media establishment BBC earlier this week, with the offices in Delhi and Mumbai receiving heat. ....

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BBC - Irregularities detected on certain tax payments: Income Tax department statement on 'survey' at BBC offices

According to the statement, several discrepancies and inconsistencies with regard to transfer pricing documentation were found during the survey ....

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