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Transfer pricing case: ITAT rules in favour of BBC World (India)

Income Tax authorities had sought to categorise advertisement and other expenses borne by BBC World (India) Pvt Ltd as cost base for charging a mark-up. The cost-based method for charging a mark-up increases the income of the assessee, resulting in a higher tax payable amount. ITAT considered the advertisement expenses a pass-through cost as it was not associated with the main business activity of BBC World (India).

India , Delhi , Nitin-narang , World-india-pvt-ltd , Income-tax-appellate-tribunal , Pvt-ltd , Associated-enterprises , Income-tax-appeals , Delhi-tribunal , Transfer-pricing , Nangia-andersen , Itat

World Business Report

to find a way of regulating it and try and maximise the benefits it can bring. we know it brings huge benefits, we saw the other week and ai tool discovered a new antibiotic. but there are also lots of risks as well, not least how is this going to affect things like the jobs market. we have already seen some tools able to do jobs that traditionally humans have done. the uk wants to be part of this conversation and lead the conversation but the question is can you actually when the amount of money and resources and infrastructure we have here is comparatively small, you need a lot of computers to process data that is used in al and wejust of computers to process data that is used in al and we just do of computers to process data that is used in al and wejust do not of computers to process data that is used in al and we just do not have that infrastructure or anywhere near the scale of the us does. around the world and across the uk, you are watching bbc news. bbc world and across the uk, you are watching bbc news.— world and across the uk, you are watching bbc news. bbc news bring ou watching bbc news. bbc news bring you different — watching bbc news. bbc news bring you different stories _ watching bbc news. bbc news bring you different stories from _ watching bbc news. bbc news bring you different stories from across - you different stories from across the uk. pictures of the latest crash

Way , Lots , Tool , Risks , Benefits , Antibiotic , Part , Things , Jobs , Conversation , Amount , Question

BBC News

indeed. you are watching _ minutes or so. thank you very much indeed. you are watching bbc- minutes or so. thank you very much | indeed. you are watching bbc news. we arejust going indeed. you are watching bbc news. we are just going to say goodbye to our viewers here in the uk who are watching on bbc two, but we continue on the bbc news channel and bbc world. thank you very much for being with us. continuing our coverage, and coastguards in the philippines are continuing their rescue efforts after a fire on board a passenger ferry killed nearly 30 people, including a six—month—old baby. dozens of passengers have been rescued afterjumping overboard, but officials say some drowned. the mv lady maryjoy was sailing overnight from zamboanga city to sulu province with many passengers asleep when the fire broke out. the ferry then drifted before running aground. more than 200 people were listed on board but officials say exact numbers are not known. russia pass security agency says it is rested a journalist working for

Bbc , Britain , Bbc-news , Us , Viewers , Bbc-news-channel , Goodbye , Bbc-world , Bbc-two , Two , People , Fire

BBC News

can be found at bbc world. stay with us plenty more coming up shortly. hello. the weather on sunday is looking pretty good for most of us. a lot of dry weather in the forecast. sunny spells right from the word go, but it�s not going to stay completely dry. later on sunday, we are expecting some rain in the northwest of the uk and it will be brought by this weather system. you can see on the satellite picture. but ahead of it, there�s a big gap in the clouds. there�s a ridge of high pressure. hence, things will be dry early on sunday morning, all but the extreme southeast and east anglia. there might be some showers earlier on, but on the whole it is a dry start to the day for many of us, not particularly cold between three and seven degrees, maybe a touch of frost in some rural areas further north. so here�s the forecast for the morning. you can see lots of bright, if not sunny weather, but this weather front is fast approaching. let�*s have a closer look. england and wales in

Stay , Bbc-world , Lot , Us , Hasn , Uk , Rain , Forecast , Weather , Weather-system , Northwest , Most

BBC World News

just how historic this has been, no film has ever won best picture... idris elba! you are live on bbc world! i picture... idris elba! you are live on bbc world!— live on bbc world! i am so hungry! — live on bbc world! i am so hungry! some _ live on bbc world! i am so hungry! some up - live on bbc world! i am so hungry! some up what - live on bbc world! i am so hungry! some up what an | hungry! some up what an important _ hungry! some up what an important a _ hungry! some up what an important a night - hungry! some up what an important a night that. hungry! some up what an | important a night that was hungry! some up what an - important a night that was that everything everywhere all at once won seven oscars? it is everything everywhere all at once won seven oscars? it is a ureat once won seven oscars? it is a great movie. — once won seven oscars? it is a great movie, well-made - once won seven oscars? it is a great movie, well-made as - once won seven oscars? it is a | great movie, well-made as well great movie, well—made as well and the — great movie, well—made as well and the diversity of it, really important. i don't know, i was important. idon't know, i was really— important. i don't know, i was really pleased. it important. i don't know, iwas really pleased.— really pleased. it is such an unlikely film, _ really pleased. it is such an unlikely film, sci-fi - really pleased. it is such an unlikely film, sci-fi and - really pleased. it is such an unlikely film, sci-fi and the j unlikely film, sci—fi and the multi— verse, what have happened? multi- verse, what have happened?— multi- verse, what have happened? multi- verse, what have ha ened? .~ , ., happened? filmmaking is about exnloration _ happened? filmmaking is about exploration of _ happened? filmmaking is about exploration of ideas, _ happened? filmmaking is about exploration of ideas, right? - happened? filmmaking is about exploration of ideas, right? we| exploration of ideas, right? we can tell— exploration of ideas, right? we can tell stories of torment and conflict — can tell stories of torment and conflict but actually that stories _ conflict but actually that stories about imagination, celebration of the imagination, therne, — celebration of the imagination, theme, family, culturally related _ theme, family, culturally related to somethings and i think— related to somethings and i think it's _ related to somethings and i think it's amazing to see win

Idris-elba , Film , Best-picture , Bbc-world , Everything , Night , Movie , Oscars , Multi-verse-film-everything-everywhere , Some , It , Ureat

BBC News

previous year, but a good profit. 203 billion roubles. another good sign of the stability of russian financial sector. according to the focus... studio: you are watching president putin's state of the nation address live from moscow and bbc news on the bbc news channel and bbc world. it is only 4%, perhaps five, depends on the opinion, whether the central bank of the ministry of finance, but we are approaching the target figure. these and other micro economic parenthesis will provides for the creation of interest rates on our financial sector, making financing more affordable. private citizens saving is another factor of

Russia , Sector , Stability , Sign , 203-billion , 203-billion-roubles , President-putin , Bbc-news , Moscow , Focus , State-of-the-nation-address , Bbc-world

BBC News

year, but a good profit. previous year, but a good profit. 203 billion roubles. another good sign of the stability of russian financial sector. according to the focus... studio: you are watching president putin's state of the nation address live from moscow and bbc news on the bbc news channel and bbc world. it is only li%, perhaps five, depends on the opinion, whether the central bank of the ministry of finance, but we are approaching the target figure. these and other micro economic parenthesis will provides for the creation of interest rates on our financial sector, making financing more affordable. private citizens saving is another factor of

Sign , Russian , Stability , Profit , Sector , 203-billion , 203-billion-roubles , President-putin , Focus , Studio , State-of-the-nation-address , Bbc-news-channel

BBC News

at bbc news and we willjoin viewers on bbc world injust at bbc news and we willjoin viewers on bbc world in just a few moments as well to keep you right up to date with this breaking story. you are watching bbc news. welcome to viewers on bbc world joining us here on the bbc news channel as we bring you news on the last few moments that the us presidentjoe biden has arrived in ukraine. we have confirmation in the last few seconds he has arrived in the capital kyiv. it is a year this week since russia invaded ukraine and there is intense diplomatic activity as the anniversary approaches. hugely significant thatjoe biden arrives in kyiv. showing his

Bbc-news , Story , World , Viewers , Bbc-world-injust , Us , News , Presidentjoe-biden , Bbc-world , Bbc-news-channel , Ukrainian-capital-kyiv , Ukraine

BBC News

bbc world in just a few moments on bbc world in just a few moments as well to keep you right up to date with this breaking story. you are watching bbc news. welcome to viewers on bbc world joining us here on the bbc news channel as we bring you news on the last few moments that the us presidentjoe biden has arrived in ukraine. we have confirmation in the last few seconds he has arrived in the capital kyiv. it is a year this week since russia invaded ukraine and there is intense diplomatic activity as the anniversary approaches. hugely significant thatjoe biden arrives in kyiv. showing his

World , Story , Bbc , Bbc-news , Ukraine , Us , Presidentjoe-biden , Viewers , News , Bbc-world , Bbc-news-channel , Russia

Bittersweet Medicine

the levels — portuguese police. but in terms of the levels of interest, i think that generated more interest earlier. the circumstances were different, the parents _ circumstances were different, the parents were very involved, and so on. parents were very involved, and so on but— parents were very involved, and so on but in— parents were very involved, and so on. but in terms of the level of interest— on. but in terms of the level of interest and people not sort of understanding what happened... it understanding what happened... a warm understanding what happened... warm welcome to viewers on bbc world. we are covering a developing story he had on the bbc world news channel. that is concerning the discovery of a body in the area where the 45—year—old mother of two, nicola bulley, went missing. police have confirmed that they were called to the scene earlier today, just after 11:30am. specialist officers entered the river wired, they have sadly recovered a body, but are keen to stress that there is no formal

Police , Interest , Terms , Level , Levels , Portuguese , Circumstances , Parents , People , It , Viewers , Understanding