Thursday, January 31, 2019

No notional interest additions if amount given by assessee to AE to enter into business transactions on its behalf

IT/ILT: Where assessee paid certain amount to AE in order to enter into a business transaction on its behalf, it being not a case of financing AE, impugned addition of notional interest could not be made to assessee's ALP

from www.taxmann.com Latest Case Laws http://bit.ly/2UuvOgW
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