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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Management Fees paid to its holding company - once assessee had ...


Court Rules Management Fees Valid Despite Invoice Timing; Services Must Be Proven for Deduction.

March 29, 2019

Case Laws     Income Tax     AT

Management Fees paid to its holding company - once assessee had established its case of availment of said services, disallowance on the basis that invoices were serially numbered and paid at the close of the year is not permissible

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