Taxpayer Must Provide Comparable Data in Foreign AE Cases:: ITAT remanded matter

Decathlon Sports India Private Limited Vs DCIT (ITAT Bangalore) In the matter above-mentioned ITAT partly allowed the appeal filed by the assessee by remanded it back to file of TPO after considering that assessee didnot submit proper documents before lower authorities. Assessee is a company engaged in the business of trading in exports, accessories, sports apparel, goods & equipment. The assessee is a subsidiary of Decathlon, France. Assessee filed its ITR at NIL. Assessee has entered several international transactions and therefore AO made a reference to TPO after obtaining approval of t...