Referring to TPO u/s 92CA invalid post omission of clause (i) of Section 92BA

Worship Infraprojects Pvt Ltd Vs DCIT (ITAT Jaipur) ITAT Jaipur held that referring impugned domestic transaction to TPO u/s 92CA is invalid in view of omission of clause (i) of section 92BA vide Finance Act, 2017. Facts- The assessee M/s. Worship Infraprojects Private Limited was formerly known as M/s. Om Metals – SPML Infraprojects Private Ltd. The appellant is SPV (Special Purpose Vehicle) formed as a joint venture company of M/s. Om Metals Infra Projects Ltd. & M/s. Subhash Projects & Marketing Ltd now known as SPML Infraprojects Ltd. It is mainly contested by the assessee that A...