Important Appointment, Transfer Orders Etc From CBDT
(1) Vide Order No. 233 of 2014 dated 29.12.2014 the CBDT has ordered the transfers / postings in the grade of Principal Chief Commissioner of Income Tax / Principal Director General of Income tax / Chief Commissioner of Income Tax / Director General of Income Tax with immediate effect and until further orders;
(ii) Vide Notification No. 18 of 2014 dated 31.12.2014, the CBDT has notified that 128 IRS officers have been appointed as Assistant Commissioners of Income-tax;
(iii) Vide Notification No. 19 of 2014 dated 31.12.2014, the CBDT has notified that 185 Assistant Commissioners of Income-tax have been appointed to officiate as Deputy Commissioners of Income-tax;
(iv) Vide Order No. 1 of 2015 dated 01.01.2015, the CBDT has set out the jurisdiction of the Dispute Resolution Panel (DRP);
(v) Vide Notification dated 01.01.2015, the CBDT has set out the reporting structure of the Dispute Resolution Panel (DRP);
(vi) Vide Notification dated 01.01.2015, the CBDT has amended the Income-tax (Dispute Resolution Panel) Rules, 2009.
Regards,
Editor,
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Latest:Wrigley India Pvt Ltd vs. ACIT (ITAT Delhi) (Transfer Pricing)
Transfer pricing: To apply the "Cost Plus Method", there must be a "comparable uncontrolled transaction". The fact that the same product is sold by the assessee to its AEs as well as to third parties does not mean that the two sets of transactions are comparable if the business model, marketing, sales promotion etc is different
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