Saturday, September 22, 2018

Business strategies adopted by companies to be considered while selecting comparables for TP study

IT/ILT : While eliminating material effects which warrants some kind of reasonable accurate adjustments, business strategies, market penetration, increase or save its market share are to be considered

from www.taxmann.com Latest Case Laws https://ift.tt/2zngECB
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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...