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Case Law Details

Case Name : CIT Vs ALSTOM Projects India Limited (Bombay High Court)
Related Assessment Year : 2006-07
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While dealing with transfer pricing adjustment in the absence of segmental accounts held that adjustments have to be restricted only to transactions with Associated Enterprises. It further held that where separate accounts are not available, then proportionate adjustments to be made only in respect of the international transactions with Associated Enterprises.

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