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Income Tax - Highlights / Catch Notes

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TPA - If there is no value addition and if the finished goods ...

Income Tax

April 22, 2017

TPA - If there is no value addition and if the finished goods which are purchased from AE are resold in the market as it is, then gross profit margin earned on such transaction becomes the determinative factor to analyse the gross compensation after the cost of sales - RPM should be held as MAM. - AT

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