Monday, May 6, 2019

Companies affected by merger and acquisition not to be taken as comparables for TP study

IT/ILT: A software product company was incomparable to software development service provider

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