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Income Tax - Highlights / Catch Notes

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TP Adjustment - international transaction involving payment of ...

Case Laws     Income Tax

March 7, 2022

TP Adjustment - international transaction involving payment of royalty undertaken by Diesel India with its Associated Enterprise (“AE”) - the arithmetic mean of comparables comes to 5.25 which is more than the royalty paid by the assessee. The royalty paid by the assessee thus within arm”s length range. - AT

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