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Income Tax - Highlights / Catch Notes

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TPA - Adjustment of customs duty - Since, the assessee himself ...


Customs Duty Adjustment Unnecessary: Assessee Proves Comparables and Profit Margin Exceed Arm's Length Requirement.

March 24, 2017

Case Laws     Income Tax     AT

TPA - Adjustment of customs duty - Since, the assessee himself claimed that selected comparables and worked out the gross profit margin was more than at arm’s length, we do not find any reason to make adjustment towards the customs duty. - AT

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