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TPO can apply TNMM to compute ALP even if comparable Co. isn’t manufacturing exactly the same product
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International Tax
TPO can apply TNMM to compute ALP even if comparable Co. isn’t manufacturing exactly the same product
Posted on
on
March 19, 2019
Tenet Tax Daily March 15 2019
By
tenettax-team
International Tax
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Sec. 68 additions justified as assessee failed to justify huge cash gift received from nephew being a salaried person
Interest on NPAs is taxable in the year of receipt only