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Income Tax - Highlights / Catch Notes

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Transfer pricing adjustment - approval given by the RBI and ...

Income Tax

October 29, 2014

Transfer pricing adjustment - approval given by the RBI and Ministry of Industry is at par with similar agreements being approved in other contracts/agreements - royalty and technical knowhow payments made by the assessee to its AE are considered at arm’s length and the grounds raised by the assessee on this issue are allowed - AT

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