ALP - TPO has no authority to disallow the entire expenditure ...

Income Tax

November 1, 2012

ALP - TPO has no authority to disallow the entire expenditure or a part thereof on the ground that the assessee has suffered continuous losses - but reasonableness of an expenditure has not been excluded from determination - AT

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ALP - TPO has no authority to disallow the entire expenditure ...

Income Tax

November 1, 2012

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