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Income Tax - Highlights / Catch Notes

Home Highlights January 2023 Year 2023 This

TP Adjustment on account of the Management fees and payment of ...

Case Laws     Income Tax

January 12, 2023

TP Adjustment on account of the Management fees and payment of R&D expenses - As regards, failure of the Assessee to provide service wise break-up of management fee, the Assessee had explained that the Assessee was being charged a lump sum fee for the management services and therefore, was not able to furnish the service-wise break up.TPO failed to take the same into consideration. - AT

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