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ITAT rejects comparables as they were inappropriate due to diverse activities, brand value and economy of scales

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  • ITAT rejects comparables as they were inappropriate due to diverse activities, brand value and economy of scales
Posted onon July 22, 2015

Tenet Tax Daily July 06 2015

By tenettax-team
Corporate Tax, International Tax

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In view of amendment made to section 10A by Finance Act, 2000 with effect from 1-4-2001, assessee was entitled to get credit of tax deducted at Japan in respect of income exempt in India by virtue of para (2a) of article 23 of India-Japan DTAA
CBDT calls for speedy disposal of rectification applications

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