Section 144C of ITA, 1961 : Section 144C: Reference To Dispute Resolution Panel
ITA, 1961
JavaScript did not load properly
Some content might be missing or broken. Please try disabling content blockers or use a different browser like Chrome, Safari or Firefox.
Explanation using Example
Imagine a software company in India, "Tech Innovations Pvt. Ltd.", which has transactions with its associated enterprise in the United States. The Indian Tax Authority suspects that the transfer prices for these transactions have been manipulated to reduce taxable income in India. Consequently, the Transfer Pricing Officer (TPO) proposes adjustments to the company's taxable income.
Under Section 144C of the Income-tax Act, 1961, the Assessing Officer (AO) drafts a proposed order reflecting these adjustments and forwards it to Tech Innovations Pvt. Ltd., as it is an "elig...
Login to access all pages and read more content.
To disable ads and read rest of the premium content, subscribe to KanoonGPT Pro.
In fact, any online course, certificate program, diploma in International Law, Technology Law, or whatever-new-hype-they-invent is usually just marketing sugarcoat. Don't let them sell you a PDF or Recorded Content and call it empowerment.
A course designed to truly empower you should be accessible — and preferably, free. That's why KanoonGPT will launch a Free AI 101 for Law Professionals course.
Also, quick reality check: Indians earn in INR ₹₹₹ — why on earth are we paying in Dollars $$$ for AI tools ? 🤨 Something doesn't add up.