Transfer pricing adjustment - approval given by the RBI and ...
RBI and Ministry of Industry approve transfer pricing adjustments; royalty payments deemed at arm's length, assessee's grounds allowed.
October 29, 2014
Case Laws Income Tax AT
Transfer pricing adjustment - approval given by the RBI and Ministry of Industry is at par with similar agreements being approved in other contracts/agreements - royalty and technical knowhow payments made by the assessee to its AE are considered at arm’s length and the grounds raised by the assessee on this issue are allowed - AT
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