Tuesday, September 18, 2018

Microsoft India, a contract R&D service provider not comparable with high-end software developers

IT: Microsoft India (R&D) Pvt. Ltd. is a contract R&D service provider of Microsoft USA; comparables are to be selected accordingly

from www.taxmann.com Latest Case Laws https://ift.tt/2Nmp4mf
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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...