TP adjustment - foreign exchange loss - part of operating ...

Foreign Exchange Losses Included in Operating Expenses for Transfer Pricing Adjustments, Confirms Dispute Resolution Panel Decision.

May 24, 2023

Case Laws Income Tax AT

TP adjustment - foreign exchange loss - part of operating expenses or not - Sales and forex losses incurred by the assessee are closely interlinked for this reason. Assessee in the sale price also giving AE benefit of forex fluctuation also. No infirmity in the direction of the LD DRP by including forex loss in the PLI computation of Assessee. - AT

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TP adjustment - foreign exchange loss - part of operating ...

Foreign Exchange Losses Included in Operating Expenses for Transfer Pricing Adjustments, Confirms Dispute Resolution Panel Decision.

May 24, 2023

Case Laws Income Tax AT

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Definitions - Regulation 2 of the FOREIGN EXCHANGE MANAGEMENT (FOREIGN EXCHANGE DERIVATIVE CONTRACTS) REGULATIONS, 2000 as amended

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