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Income Tax - Highlights / Catch Notes

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Computation of arm's length price - tolerance limit of 1% in ...

Income Tax

June 28, 2023

Computation of arm's length price - tolerance limit of 1% in case of wholesale trading and 3% in other cases notified - U/s 92C(2) of IT Act 1961 - Notification

 

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  10. Comparison - Arm’s length price – Comparability of price with the chosen company - assessee's contention that assessee is in merely functional advisory consultancy...

 

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