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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Attribution of profits out of the sales made by the head office ...

Case Laws     Income Tax

October 22, 2015

Attribution of profits out of the sales made by the head office - the TPO has accepted the gross profit rate declared at 8.81%. In such a situation, acceptance of gross profit attribution of India Branch @ 20% does not inbspire confidence. - AT

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