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ALP reference by AO to:

ACBDT
BValuation Officer
CDRP
DTransfer Pricing Officer (TPO)
Answer & Solution
Correct answer: D. Transfer Pricing Officer (TPO)
1. Section 92CA: AO refers ALP computation to TPO with prior approval of PCIT/CIT. 2. TPO issues notice under 92CA(2), gathers info, determines ALP within prescribed time. 3. AO uses TPO's ALP in assessment (subject to DRP for eligible). _Source: ICAI BoS CA Final Paper 7, Ch 24 "Transfer Pricing"_
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