AdvertisementSquare Yards Consulting Pvt. Ltd. Vs ACIT (ITAT Delhi) Delhi ITAT: Omission of Section 92BA(i) Invalidates Specified Domestic Transaction Transfer Pricing Proceedings The Delhi ITAT held that after the omission of section 92BA(i) by the Finance Act, 2017, transfer pricing proceedings initiated in respect of specified domestic transactions covered by the omitted clause could not survive. Following the Karnataka High Court’s decision in Pr. CIT v. Texport Overseas Pvt. The dispute related to transfer pricing adjustments in respect o...