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Income Tax - Highlights / Catch Notes

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TP Adjustment - regional management services received by the ...

Income Tax

February 20, 2021

TP Adjustment - regional management services received by the assessee - incorrect factual observations and invalid of assumption of jurisdiction by the TPO who without following any of the methods provided in Sec.92C had determined the arm‟s length price of the transaction of receipt of regional management services by the assessee from its domestic AE at Nil - pricing adjustment made by the TPO vacated - AT

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