AO Can Refer case To TPO Only After Selecting Case For Scrutiny Assessment: Bombay HC

PCIT Vs Kimberly Clark Lever Private Limited (Bombay High Court)

Introduction: In a significant ruling, the Bombay High Court dismissed the appeal in the case of PCIT vs Kimberly Clark Lever Private Limited. The Court confirmed that an Assessing Officer (AO) can make a reference to the Transfer Pricing Officer (TPO) only after selecting the case for scrutiny assessment. This decision has substantial implications for cases dealing with international transactions and transfer pricing assessments.

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