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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

TPA - ALP - assessee has not charged any interest from ...


Assessee Not Charging Interest from Subsidiaries; Section 92 Provisions Not Applicable Due to No Income Accrued.

September 15, 2017

Case Laws     Income Tax     AT

TPA - ALP - assessee has not charged any interest from subsidiaries and therefore, in the absence of any accrual or arise of income form the lending of the money, there was no jurisdiction for invoking the provision of section 92

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