ITAT imposes Penalty for failure to maintain Transfer Pricing Documents [Read Order]

The Income Tax Appellate Tribunal (ITAT), New Delhi Bench imposed the penalty for failure to maintain Transfer Pricing Documents under and Section 271AA. The assessee, Convergys Customer Management Group Inc. is a non-resident company incorporated under laws of the USA. The assessee has a subsidiary in India by the name of Convergys India Services Pvt. […]

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