Apportionment of income - An estimate of 15% ratio fixed 10 ...

15% Income Apportionment Ratio Outdated Due to Globalization and Rise in Indian Passengers; Not Justifiable for Non-Loss Entities.

July 12, 2012

Case Laws Income Tax AT

Apportionment of income - An estimate of 15% ratio fixed 10 years back cannot be applied now in the name of consistency especially keeping in view the increase in globalization increase in Indian passengers originating from India and the facts that assessee is not in losses - AT

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Apportionment of income - An estimate of 15% ratio fixed 10 ...

15% Income Apportionment Ratio Outdated Due to Globalization and Rise in Indian Passengers; Not Justifiable for Non-Loss Entities.

July 12, 2012

Case Laws Income Tax AT

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