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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Transfer pricing - Pre-operative expenses - In absence of any ...


Tax Authorities Assume Expense Recovery Without Evidence in Transfer Pricing Case, Lacking Proof for Pre-Operative Costs.

February 8, 2014

Case Laws     Income Tax     AT

Transfer pricing - Pre-operative expenses - In absence of any material to prove that the assessee has recovered the pre-operative expenses from its AE, the conclusion arrived at by the departmental authorities is merely on presumption and surmises - AT

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