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Obviously when the assessee is using patents/trademarks of its parent company it will have to pay royalty for the same which cannot be disallowed unless it is not at arm s length price. - Tri

Income Tax - Obviously, when the assessee is using patents/trademarks of its parent company, it will have to pay royalty for the same which cannot be disallowed, unless it is not at armís length price. - Tri - TMI Tax Updates - Highlights .....

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