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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Basis of mark at 8% on total overall cost to arrive at the ...


Assessee Company Sets 8% Profit Margin on Total Costs, Clarifies Fee Structure for Construction Stages, No Extra Charges Applied.

June 14, 2016

Case Laws     Income Tax     AT

Basis of mark at 8% on total overall cost to arrive at the profit earned - operating cost for rendering services to the group companies - The assessee company clarified on chargeability of fees during construction stage and post construction with supporting evidence and analogy of service fees - No additions - AT

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