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Income Tax - Highlights / Catch Notes

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Attribution of profit to PE qua the offshore supply of plants ...

Income Tax

May 6, 2023

Attribution of profit to PE qua the offshore supply of plants and equipments - Attribution of profit to PE qua the offshore supply of plants and equipments - Additions made by AO deleted - AO directed to attribute 1% of the receipts from offshore supply of equipment as profit of the PE and accordingly compute the income of the assessee. - AT

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