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Income Tax - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

TP Adjustment - Determination of Arms Length Price (ALP) - Once ...

Income Tax

March 7, 2020

TP Adjustment - Determination of Arms Length Price (ALP) - Once a particular expenditure itself is disallowed, there can be no question of including it in the Operating expenses for calculating the profit margin in the process of determination of the ALP. - AT

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