Addition u/s 40A(2) - administrative service expenditure from ...

Section 40A(2) Clarifies No Extra Tax for Shared Administrative Costs Among Sister Companies at Same Tax Rate.

May 3, 2019

Case Laws Income Tax HC

Addition u/s 40A(2) - administrative service expenditure from sister concern as per agreement - instead of different companies incurring such expenditure, the same would be commonly undertaken by one company and different sister concerns would undertake a portion of such expenditure - motivated by business decision, no transfer of profit, tax rate of payee and Assessee was same - no addition

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Addition u/s 40A(2) - administrative service expenditure from ...

Section 40A(2) Clarifies No Extra Tax for Shared Administrative Costs Among Sister Companies at Same Tax Rate.

May 3, 2019

Case Laws Income Tax HC

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