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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Transfer pricing adjustment - adjustment for startup phase of ...


Tax Authorities Deny Assessee's Transfer Pricing Adjustments for Startup Phase Due to Lack of Evidence of Ongoing Difficulties.

September 4, 2018

Case Laws     Income Tax     AT

Transfer pricing adjustment - adjustment for startup phase of operation - adjustment for abnormal expenses - The assessee could not provide any material to show that it is continue to face the difficulties peculiar to the start up phase. - tax authorities are justified in rejecting this claim of the assessee.

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