Monday, September 10, 2018

Price fixed under MAP could be adopted for non-US transactions if factors influencing price were similar

IT/ILT : Where in respect of TP adjustment for US transactions, issue had been finalized as per MAP and it was found that factors influencing price were similar between US transactions and non-US transactions, same price fixed under MAP in respect of US transactions could be adopted for non-US transactions also

from www.taxmann.com Latest Case Laws https://ift.tt/2O4Yomi

No comments:

Post a Comment

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...