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Income Tax - Highlights / Catch Notes

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TP - the conclusion of the TPO that the arms length price of ...


TPO's Zero Royalty Arm's Length Price Unsupported Due to Lack of Evidence and Reliance on Assumptions.

June 27, 2013

Case Laws     Income Tax     AT

TP - the conclusion of the TPO that the arms length price of the royalty payment should be NIL without specifying any cogent basis is not sustainable - TPO's determination is on the basis of assumption and surmises. - AT

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