SC: Suit Alleging Coercion or Undue Influence Cannot be Rejected under Order VII Rule 11 CPC  ||  Cal HC: Once ED Attachment is Confirmed, Challenge Becomes Academic; PMLA Remedy Must be Pursued  ||  MP HC: Pen-Drive Evidence Cannot be Introduced At a Late Trial Stage Without Proof or Relevance  ||  Calcutta HC: Employee Can't be Stopped From Joining Rival Post-Resignation; Trade Secrets Protected  ||  Calcutta HC: Banks Must Provide Forensic Audit Report Before Calling an Account Fraudulent  ||  Del HC: Woman Cannot Demand Re-Entry to Abandoned Matrimonial Home if Alternate Accommodation Exists  ||  Calcutta HC: Land Acquisition For Industrial Park is Public Purpose; Leasing to Industry is Valid  ||  Patna HC: PwD Recruitment Must Comply With RPwD Act; Executive Resolutions Cannot Override the Law  ||  Madras HC: Individuals Facing Criminal Trial Must Get Court Permission Even to Renew Passports  ||  Calcutta HC: Demolition Orders Cannot be Challenged under Article 226 if a Statutory Appeal Exists    

Del. HC: Transfer Pricing Officer Doesn’t Have Jurisdiction to Question Commercial Expediency - (15 Jul 2024)

DIRECT TAXATION

Delhi High Court has observed that the authority of the Transfer Pricing Officer can only be extended to evaluating the enlistment of comparables or appropriateness of method adopted for determining arm's length pricing but not to questioning commercial expediency or genuineness of need.

Tags : DELHI HIGH COURT   COMMERCIAL EXPEDIENCY   TRANSFER PRICING OFFICER  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved