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HomeDirect TaxITAT Remands Mitsui Prime Transfer Pricing Dispute Back to AO, Flags Double...

ITAT Remands Mitsui Prime Transfer Pricing Dispute Back to AO, Flags Double Addition and Comparable Selection Issues

Direct Tax

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By Mariya Paliwala
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The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed the appeal filed by Mitsui Prime Advanced Composites India Private Limited for Assessment Year 2016–17 and remanded several transfer pricing and computation-related issues back to the Assessing Officer (AO) for fresh adjudication.  The bench of Vimal Kumar (Judicial Member) And Ramit Kochar…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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