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Cos with huge turnover, abnormal profits or functional differences are excludible from comparables list

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  • Cos with huge turnover, abnormal profits or functional differences are excludible from comparables list
Posted onon August 22, 2014

Tenet Tax Daily August 21 2014

By tenettax-team
Corporate Tax, International Tax

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Payment to foreign co. to conduct navigation studies at Indian port doesn’t satisfy ‘make available’ clause; no FTS
Gymkhana Club providing sports and other recreational facilities only to its members can’t be treated as charitable trust

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