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No ALP Adjustment Is Permitted On Notional Amount Of Royalty
No ALP Adjustment Is Permitted On Notional Amount Of Royalty
No ALP Adjustment Is Permitted On Notional Amount Of Royalty Paid By Overseas Subsidiary, Reiterates Mumbai ITAT
The Mumbai ITAT confirmed the CIT(A)'s action in deleting the addition made on account of waiver of royalty received from two subsidiaries. The Bench comprising Prashant Maharishi (Accountant...
Related Keywords
Sri Lanka ,
Bangladesh ,
Sandeep Singh Karhail ,
Fenil Bhatt ,
Harshad Panchal ,
,
Prashant Maharishi ,
Accountant Member ,
Tax Payer ,
Mumbai Itat ,
Eleting The Addition ,
Waiver ,
Royalty ,
Subsidiaries ,
Notional Income ,