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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Disallowance of overriding commission paid to Associated ...

Income Tax

January 23, 2017

Disallowance of overriding commission paid to Associated Enterprise pursuant to the order of the TPO - no comparable case have been brought on record which could justify that the payment of 3% + 1% overriding commission is not at arm’s length - Claim allowed - AT

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