TP – Rate approved or deemed to be approved by RBI has to be considered as ALP

ITAT, MUMBAI BENCHES “K” ITA No. 6460/Mum/2012 Asst. Year 2008-2009 M/s. ThyssenKrupp Industries India Private Limited versus The Addl. Commissioner of Income-tax Range 3(3), Mumbai. Date of Pronouncement : 27.02.2013 ORDER Per R.S.Syal (AM) : This appeal by the assessee is directed against the order dt. 25.09.2012 passed by the Assessing Officer u/s 143(3) read with section 144C(13) of the Income-tax Act, 1961 (hereinafter called `the Act’) in relation to the assessment year 2008-2009. 2. First objection of the assessee in this appeal is against the making of adjustm...