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TP norms would not put fetters on selection of foreign comparables if Indian Cos didn’t satisfy test of comparability
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International Tax
TP norms would not put fetters on selection of foreign comparables if Indian Cos didn’t satisfy test of comparability
Posted on
on
February 5, 2015
Tenet Tax Daily February 04 2015
By
tenettax-team
International Tax
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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
No addition on basis of remand report by AO if he failed to verify authenticity of facts on merits