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ALP of advertisement exp. reimbursed to foreign AE couldn’t be taken at nil if it was incurred for Indian affiliate

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  • ALP of advertisement exp. reimbursed to foreign AE couldn’t be taken at nil if it was incurred for Indian affiliate
Posted onon February 3, 2015

Tenet Tax Daily February 03 2015

By tenettax-team
Corporate Tax, International Tax

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HC grants Sec. 80-IA relief on gains attributable to captive consumption of power generated from windmill
TP norms would not put fetters on selection of foreign comparables if Indian Cos didn’t satisfy test of comparability

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