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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Disallowance of overriding commission paid to Associated ...


Court Allows Overriding Commission Claim, No Comparable Case Proved Non-Arm's Length Payment in Transfer Pricing Dispute.

January 23, 2017

Case Laws     Income Tax     AT

Disallowance of overriding commission paid to Associated Enterprise pursuant to the order of the TPO - no comparable case have been brought on record which could justify that the payment of 3% + 1% overriding commission is not at arm’s length - Claim allowed - AT

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