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Income Tax - Highlights / Catch Notes

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TP Adjustment - international transaction pertaining to purchase ...

Income Tax

August 23, 2021

TP Adjustment - international transaction pertaining to purchase of capital goods from AE - the issue of allowability or not of the markup of 8% charged by the AE has not been determined as per the approved methods, we hereby deem it fit to remand the matter to the file of the ld. DRP to determine the ALP as per the approved methods after giving an opportunity to the assessee to make their submissions. - AT

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