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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Allocation of common expenses between STPI and non-STPI units - ...

Case Laws     Income Tax

October 26, 2016

Allocation of common expenses between STPI and non-STPI units - The foreign exchange fluctuation can be linked to specific items and how it is not understandable as to how the same was treated as common expenses. At the same time, adoption of sales ratio as the basis for allocation of expenses across the board also does not appear to be correct - AT

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