corporate and professional updates 4th April 2018
Direct Tax: ITAT, allows assesseeโs miscellaneous petition for AY 2010-11, deletes direction given to TPO to bring in more comparables functionally similar to the assessee after applying 25% RPT filter observing that TPO had already applied 25% RPT filter; Opines that โno such direction is required to be issued by Bench as all comparables fulfilling …