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Forex gain or loss, being an operating item would be adjusted while calculating margin of comparables

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  • Forex gain or loss, being an operating item would be adjusted while calculating margin of comparables
Posted onon September 8, 2015

Tenet Tax Daily September 07 2015

By tenettax-team
Corporate Tax, International Tax

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Vessel operating between Indian ports as part of its international voyage would get benefit of Article 8 of DTAA
TP provisions not applicable on issue of shares to foreign AE; ITAT follows ratio of ‘Vodafone’ case

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