MOSBACHER INDIA LLC,CHENNAI vs. ADDL. DIT, CHENNAI
In the result, the appeal is partly allowed in the terms indicated above
ITA 1085/CHNY/2015[2010-11]Status: DisposedITAT Chennai29 Nov 2016AY 2010-11
Section 143(3)Section 42(2)Section 42(2)(b)
92A(3) i.e.an ALP adjustment], or (ii) any foreign company]; and - the Assessing Officer proposes to make “any variation in the income or loss returned by the assessee which is prejudicial to the interest of such assessee”.
[13]
There is no dispute that the assessee is an eligible assessee inasmuch as the assessee is a foreign company. The first condition
