Mere Non-compliance with ICAI guidelines would not invite TP adjustment

IN THE ITAT MUMBAI BENCH ‘K’ Hindustan Unilever Ltd. Versus Additional Commissioner of Income-tax IT APPEAL NO. 7868 (MUM.) OF 2010 [ASSESSMENT YEAR 2006-07] DECEMBER 10, 2012 ORDER Per Bench – This appeal preferred by the assessee, is directed against the final assessment order dated 7th October 2010, passed by the Addl. Commissioner of Income Tax, Range-I(1), Mumbai, in pursuance of the directions given by the Dispute Resolution Panel (for short “DRP”), for the quantum of assessment passed under section 143(3) r/w 144C of the Income Tax Act, 1961 (for short R...