Friday, June 8, 2018

TP adjustment to be made when risks taken by independent entity and captive service provider are different: ITAT

IT/ILT : A company which is otherwise functionally comparable cannot be excluded for reason that working capital adjustment to be done is very high

from www.taxmann.com Latest Case Laws https://ift.tt/2JEHYlI
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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...