Validity of filtration criteria for selection process adopted by TPO to Compute ALP

IN THE ITAT MUMBAI BENCH ‘L’ Assistant Commissioner of Income-tax, Range 7(2) versus Rhoida Chemicals India (P.) Ltd. IT Appeal No. 4201 (Mum.) of 2007 [Assessment year 2003-04] SEPTEMBER 28, 2012 ORDER Amit Shukla, Judicial Member   The aforesaid appeal preferred by the Revenue, is directed against the impugned order dated 30th March 2007, passed by the learned Commissioner (Appeals)-VII, Mumbai, for the quantum of assessment passed under section 143(3) of the Income Tax Act, 1961 (for short “the Act”), for assessment year 2003-04. 2. The sole dispute...