If an international transaction is proved to be not genuine, the ...

Income Tax

June 11, 2018

If an international transaction is proved to be not genuine, the transfer pricing provisions are not triggered - once we have treated hire purchase agreement as not genuine, it is but natural that the payment of interest made under such hire purchase agreement, cannot be allowed as deduction.

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If an international transaction is proved to be not genuine, the ...

Income Tax

June 11, 2018

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