TP – No penalty for Using of Multiple year data to Compute ALP

IN THE ITAT DELHI BENCH ‘H’ Verizon Communication India (P.) Ltd. Versus Deputy Commissioner of Income-tax IT APPEAL NO. 5566 (DELHI) OF 2011 [ASSESSMENT YEAR 2006-07] SEPTEMBER 17, 2012 ORDER J. Sudhakar Reddy, Accountant Member  This is an appeal filed by the assessee against the order of the Ld. CIT(A)-XIX, New Delhi dt. 01.09.2011 for the Assessment Year 2006-07. 2. The assessee is a company and is engaged in the business of providing marketing support services. The assessee filed its return of income for the Assessment Year 2006-07 on 29.11.2006 declaring a l...