Held that payment of professional fess the Assessing Officer cannot disallow the expenses. No adjustment is required. (AY. 2008-09, 2010-11)
ACIT v. Lifestyle International (P.) Ltd. (2021) 88 ITR 79 (Bang.) (Trib.)
S. 92C : Transfer pricing-Arm’s length price-Payment of professional fees-No adjustment required-Assessing Officer cannot disallow expenses. [S. 37(1)]