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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

One of the group companies of Marriott has received royalty ...

Case Laws     Income Tax

January 17, 2015

One of the group companies of Marriott has received royalty payment @ 0.5% of gross revenue and the assessee company has received about 3% gross revenue towards marketing program. Thus it is clear tax planning by adopting colourable device - AT

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