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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Transfer pricing - arm’s length price - Adjustment to the income ...


Interest on Receivables Adjustment Overturned Due to Higher Profit Margins Acknowledged by TPO in Transfer Pricing Case.

March 5, 2018

Case Laws     Income Tax     AT

Transfer pricing - arm’s length price - Adjustment to the income of the assessee on account of interest on receivables - since the assessee earned significantly higher margin than the comparable companies, which have been accepted by the TPO, therefore, there was no justification to charge interest on outstandings. - AT

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