Thursday, September 5, 2019

TPO's approach unsustainable if he rejected assessee's benchmarking of royalty payment without any basis

TRANSFER PRICING: AMP expenditure incurred by assessee for marketing and promotion of its manufactured ready-to-eat cereal products in India by making payment to third parties in India would not come within purview of international transaction

from www.taxmann.com Latest Case Laws https://ift.tt/2zRZGMj
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

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...