Common facility charges being 20% paid to its holding company - ...

Company's Expense Allocation to Holding Firm Not Disallowable Despite Lack of Strict Formula, Per Section 40A(2)(b.

February 19, 2013

Case Laws Income Tax AT

Common facility charges being 20% paid to its holding company - mere fact that the allocation of expenses has not been made on the basis of rigid and detailed formula does not by itself make the expense disallowable under section 40A(2)(b) - AT

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Common facility charges being 20% paid to its holding company - ...

Company's Expense Allocation to Holding Firm Not Disallowable Despite Lack of Strict Formula, Per Section 40A(2)(b.

February 19, 2013

Case Laws Income Tax AT

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