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Income Tax - Highlights / Catch Notes

Home Highlights February 2018 Year 2018 This

Disallowance u/s 40A(2)(b) - related party - AO has not brought ...


Section 40A(2)(b) Dispute: AO Lacks Market Comparables to Prove Excessive Payments to Related Party.

February 3, 2018

Case Laws     Income Tax     AT

Disallowance u/s 40A(2)(b) - related party - AO has not brought any comparables from the market to make out that the current payment is excessive and unreasonable within the meaning of section 40A(2)(b). - AT

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