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Income Tax - Highlights / Catch Notes

Home Highlights December 2020 Year 2020 This

TP Adjustment - Naturally when sales price consists of price for ...

Income Tax

December 22, 2020

TP Adjustment - Naturally when sales price consists of price for warranty and After sales services, which are promised at the time of sales, naturally corresponding expenses are also to be considered while computing the margin of the assessee. After sale support services, training to customers and local staff for troubleshooting and service coordination expenses are thus, required to be included for determining the gross profit margin in resale price method. - AT

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