Additions towards Revenue sharing - Joint Venture Agreement - ...

Joint Venture Agreement: Tax Authorities Cannot Question Business Decisions on Necessary Expenditures for Revenue Sharing.

February 3, 2020

Case Laws Income Tax AT

Additions towards Revenue sharing - Joint Venture Agreement - there is a commercial expediency in incurring the expenditure and the AO has no power to sit in the arm chair of the businessman and decide as to what would be the reasonable expenditure which is required to be incurred.

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Additions towards Revenue sharing - Joint Venture Agreement - ...

Joint Venture Agreement: Tax Authorities Cannot Question Business Decisions on Necessary Expenditures for Revenue Sharing.

February 3, 2020

Case Laws Income Tax AT

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