Held that the assessee had made substantial compliance and type of details asked by TPO from a ssessee was also not available in case of comparables in public domain on identical facts and circumstances for another year, benchmarking of assessee was accepted, deletion of penalty was affirmed. (AY. 2011-12)
ACIT v. DA Jhaveri (2022) 194 ITD 600 (Mum.)(Trib.)
S. 271G : Penalty-Documents-International transaction-Transfer pricing-Bench marking is accepted-Deletion of penalty is valid. [S. 92C, R. 10D(1)]