TMI BlogALP - TPO has no authority to disallow the entire expenditure or a part thereof on the ground that the...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 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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