HC directs Chief CIT to streamline appeal filing procedure

1. This appeal filed by the Revenue raises questions with regard to whether transfer pricing adjustment consequent to arriving at Arms Length Price(ALP) is required to be done only in respect of the international transactions or this adjustment is to be done in respect of all the business transactions of the assessee i.e. at the entity level.

2. On 12th April, 2016 and 18th April, 2016 this Appeal was on board  and detailed orders were passed indicating that the Revenue has not been bringing to the notice of the Court orders

Please become a Premium member. If you are already a Premium member, login here to access the full content.